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

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Energy Industry News

Hornsea 2 Offshore Wind Farm : Ørsted and partners sell transmission assets to Diamond Transmission Partners

Diamond Transmission Partners Hornsea Two Limited (DTP) have acquired the transmission assets of the UK’s Hornsea 2 Offshore…

byPallavi Madhiraju

July 23, 2023

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