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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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Shell begins oil production from Phase 4 of Gumusut-Kakap-Geronggong-Jagus East development

Sabah Shell Petroleum Company Ltd (SSPC), a subsidiary of Shell plc, has commenced oil production from Phase 4…

byPallavi Madhiraju

March 14, 2025

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