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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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Nokia navigates market challenges with strategic moves in its latest Q2 2024 financial report.

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Nokia Q2 and half year 2024 financial report: Navigating challenges with strategic optimism

In a challenging global market environment, Nokia Corporation has maintained its full-year outlook for 2024, signaling resilience and…

byPallavi Madhiraju

July 20, 2024

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