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Modal Labs has secured $750 million in Series D funding at a $15.75 billion valuation, marking a nearly 239% valuation surge in five months as demand for AI inference, GPU cloud infrastructure and autonomous coding agents accelerates, pushing the company's annualized run rate beyond $1 billion. Representative image.

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TransImpact acquires California-based MCG Logistics

TransImpact has acquired MCG Logistics, a California-based freight and parcel management and consulting company, for an undisclosed price.…

byPallavi Madhiraju

August 25, 2021

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