Browsing: Modal

AI inference infrastructure provider Modal Labs is nearing a $750 million funding round led by Accel at a $15.75 billion valuation that includes the investment, according to a been previously reported, though Axios and Bloomberg have reported other details of the deal

On September 23, 2026, Modal Labs, an artificial intelligence startup, is reportedly in discussions for a new funding round that could value the company at approximately $15 billion. This marks a significant increase from its previous valuation of $4.65 billion achieved in May, indicating a potential doubling of its worth. The startup focuses on assisting…

Lately, it seems like everyone is talking about bringing manufacturing back to the United States, especially when it comes to hard tech like drones and robotics. Michael Van Steenburg thinks he’s ahead of the game.

Artificial intelligence startups are facing two massive headaches: There’s too much AI-generated code to deal with, and not nearly enough computing power to run it all on. Modal Labs Inc., which has just raised $355 million in a new funding round, believes it can kill both birds with one stone.