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Modal Labs nears $750M round at $15.75B valuation, tripling in four months

#modal labs#funding#inference#ai infrastructure

TechCrunch reports that inference provider Modal Labs is closing a $750 million funding round at a $15.75 billion valuation, more than tripling its valuation from four months ago. The financing highlights surging investor demand for AI infrastructure startups.

Coverage timeline

  1. TechCrunch AIMarina Temkin
    Source: Inference provider Modal Labs closing in on $750M round at $15.75B valuation

    The new financing is expected to more than triples the AI infrastructure startup's valuation from just four months ago.