Modal Labs Near $750M Raise at $15.75B Valuation, Tripling Worth in 4 Months

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AI infrastructure startup Modal Labs is close to closing a $750 million funding round, according to sources. The deal would value the company at $15.75 billion. This new valuation would represent more than triple what the company was worth just four months ago. The rapid rise highlights surging investor appetite for AI inference and infrastructure providers.

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