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Modal

Modal is an AI infrastructure company that provides cloud compute for running AI inference and hosting AI workloads.

TYPE
Company
SIGNALS
5
FIRST SEEN
Sep 23, 2026
LAST SEEN
Oct 19, 2026

Recent signals

  • AI infrastructure startup Modal says it plans to start using Nvidia's Vera CPUs for the first time for hosting agents, alongside its current Intel and AMD chips (Stephen Nellis/Reuters) Oct 19, 2026
  • AI infrastructure startup Modal raised a $750M Series D led by Accel at a $15.75B post-money valuation, taking its total funding to $1.2B, and passes $1B ARR (Chris Metinko/Axios) Oct 14, 2026
  • Source: Inference provider Modal Labs closing in on $750M round at $15.75B valuation Sep 28, 2026
  • Sources: Modal Labs is in funding talks at a ~$15B valuation, up from $4.65B in May; Baseten is in funding talks at a $26B valuation, up from $13B in June (Bloomberg) Sep 24, 2026
  • Startups Modal, Baseten in Funding Talks to Help Businesses Run AI Sep 23, 2026
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