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

Modal Labs, an AI inference provider, is nearing a $750 million funding round at a $15.75 billion valuation.

Why it matters: The deal would more than triple the startup's valuation from four months earlier, signaling rapid investor interest in AI infrastructure.

Written by AI from TechCrunch AI's published text.

Background

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