AI inference infrastructure startup Modal Labs is reportedly closing in on a $750 million funding round at a $15.75 billion valuation. The new investment would more than triple the company's valuation from just four months ago, underscoring the rapid growth and investor appetite for AI infrastructure players.
Background
Modal Labs is an AI inference infrastructure company that provides GPU-backed hosting and deployment services for large language models. The AI infrastructure sector has seen massive funding rounds in recent years as demand for generative AI compute continues to surge.
- Source
- TechCrunch
- Published
- Sep 29, 2026 at 05:29 AM
- Score
- 7.0 / 10