Tuesday, 29 September, 2026
Modal Labs Nears $750M Funding Round at $15.75B Valuation as AI Inference Demand Surges
By TechShots Studio
AI infrastructure startup Modal Labs is reportedly nearing a $750 million funding round led by Accel, valuing the company at $15.75 billion. That would more than triple its $4.65 billion valuation from just four months ago. The surge reflects growing demand for AI inference services, although high computing costs continue to pressure margins across the sector.
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