Source: Inference provider Modal Labs closing in on $750M round at $15.75B valuation

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.

techcrunch.com/2026/09/28/source-inference-provider-modal-labs-closing-in-on-750m-round-at-15-75b-valuation/