Monday, 30 March, 2026
AI Infrastructure Startup Modal Labs Eyes $2.5 Billion Valuation in New Funding Round
By TechShots Studio
Modal Labs, a startup specializing in high-performance AI inference and serverless GPU computing, is reportedly in talks to raise new capital at a $2.5 billion valuation. The company has seen explosive growth as developers seek efficient ways to run large-scale AI models without managing complex cloud infrastructure. This significant valuation jump highlights the soaring investor demand for specialized backend tools.
Read full story at TechCrunch