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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

Salad and Go is coming back after bankruptcy, but competitors bought most of its old drive-thru network

Patient volumes rose 10% at Montrose Regional Health, so why are 77 positions disappearing?

Royal Mail wants 2,500 fewer support roles. Can it afford a frontline retention problem too?

Representative image: European Union cars and trucks face renewed uncertainty at a transatlantic port backdrop as Donald Trump’s proposed 25 per cent auto tariff puts the Turnberry Agreement under fresh pressure.

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General business news

The Turnberry Agreement: Inside the asymmetric United States and European Union trade framework now under strain

Brussels accepted a 15 per cent tariff ceiling for stability. Trump just breached it. The Turnberry Agreement was the floor, not the deal.

May 3, 2026

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