SAN FRANCISCO, May 21 : AI startup Modal raised $355 million in a new round of financing, valuing the company at $4.65 billion, CEO Erik Bernhardsson told Reuters.AI startups have been whipped by two shifts this year: the surge in AI coding and the increasing scarcity of computing power. Modal Labs is confron

At company valuation of $4.65bn

SAN FRANCISCO, May 21 : AI startup Modal raised $355 million in a new round of financing, valuing the company at $4.65 billion, CEO Erik Bernhardsson told Reuters.AI startups have…

AI startups have been whipped by two shifts this year: the surge in AI coding and the increasing scarcity of computing power. Modal Labs is confronting both.

I höstas nådde Erik Bernhardssons AI-bolag Modal enhörningsstatus. Nu femdubblar bolaget intäkterna och stänger en jätterunda på över 3,3 miljarder kronor – till en värdering…

Serverless AI infrastructure startup Modal Labs seals $355M funding round - SiliconANGLE