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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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TotalEnergies divests West of Shetland assets to Prax Group

TotalEnergies has announced the sale of its comprehensive interests in the West of Shetland assets in the United…

byPallavi Madhiraju

June 28, 2024

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