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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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SJW Group’s Texas Water Company boosts supply with KT Water acquisitions

In a significant stride to meet the surging water demand in Comal County, Texas, the Texas Water Company,…

byPallavi Madhiraju

August 15, 2023

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