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positiveSYS.SOURCE: TechCrunch• 2026-09-28T21:29:18Z

Modal Labs Seeks $750M Funding at $15.75B Valuation as AI Inference Demand Rises

Modal Labs is closing in on a $750M funding round at a $15.75B valuation, tripling its value from a previous $4.65B round. The deal reflects growing demand for AI inference services, with other startups also securing high valuations despite thin margins.

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

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