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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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Uravi T & Wedge Lamps expands into defense sector with strategic acquisition

Uravi T & Wedge Lamps Limited (NSE Code: URAVI, BSE Code: 543930), a leader in the manufacture and…

byPallavi Madhiraju

June 21, 2024

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