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Modal Labs Nears $750M Round at $15.75B Valuation as AI Inference Demand Surges

AI inference infrastructure provider Modal Labs is nearing a $750 million funding round led by Accel at a $15.75 billion valuation, according to a source familiar with the deal. The round would more than triple the valuation the company reached four months ago when it raised $355 million at $4.65 b…

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  1. 2026-09-30 14:22 · AI Insider
    Modal Labs Nears $750M Round at $15.75B Valuation as AI Inference Demand Surges

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