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Modal Labs
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- 1Modal Labs nears $750 million round at $15.75B valuation●Source: Inference provider Modal Labs closing in on $750M round at $15.75B valuation https://techcrunch.com/2026/09/28/s
Modal Labs, an inference infrastructure provider for AI workloads, is reportedly close to raising a $750 million funding round at a $15.75 billion valuation, according to TechCrunch. The deal would make it one of the latest AI infrastructure companies to command a multibillion-dollar price tag as demand for running AI models keeps climbing.