Browsing: valuation

The Financial Accounting Standards Board (FASB) recently issued Accounting Standards Update (ASU) 2026-03, Fair Value Measurement (Topic 820): Investment Companies with Equity Securities Subject to Contractual Sale Restrictions. The ASU creates a narrow exception to Topic 820’s fair value guidance that applies only to investment companies within the scope of Topic 946. The new guidance…

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…