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Modal Labs

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    Modal Labs nears $750M raise at $15.75B valuation▼Source: Inference provider Modal Labs closing in on $750M round at $15.75B valuation https://techcrunch.com/2026/09/28/sMmastodonBusinessStartups317 min ago

    Modal Labs, a startup providing cloud infrastructure for AI inference workloads, is reportedly closing in on a $750 million funding round that would value the company at $15.75 billion. The report, published by TechCrunch, highlights continued investor appetite for companies building the compute layer behind the AI boom. Figures have not been confirmed by the company.