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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.

Modal valuation jumps 239% as AI infrastructure demand drives $750m Series D

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Representative image of sacred relics associated with Bhagwan Buddha, similar to those on display at the Grand International Exposition of Piprahwa Relics in New Delhi, showcasing India’s heritage and global Buddhist legacy.

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Why the return of Piprahwa relics marks a defining moment in India’s Buddhist heritage diplomacy

India opens an international exhibition of sacred Piprahwa relics of Bhagwan Buddha in New Delhi. Find out how this connects to India’s global heritage push.

January 4, 2026

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