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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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Helicopter carrying Iranian President Ebrahim Raisi has been located. Rescue teams are en route as international aids come forth.

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Helicopter carrying Iranian President Ebrahim Raisi located amid search efforts

In a critical development reported by Iranian State Television, a helicopter carrying Iranian President Ebrahim Raisi has been…

byPallavi Madhiraju

May 20, 2024

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