Data Centers & ComputeFunding
Inference provider Modal reportedly closing in on $750M at $15.75B valuation

According to a source, the new financing would more than triple the AI infrastructure startup's valuation from four months ago.
Why it matters
Investors are betting that serving AI models — not training them — is where recurring compute spend is heading.
Source
TechCrunch — read the original
In this development
Related developments
SemiconductorsFunding
Physical AI chip developer SiMa.ai hits $1.45B valuation
The edge computing startup raised a $150 million Series C led by Fidelity and Amplify.
Source: TechCrunch · Read the original