Modal reports a $750 million Series D at a $16 billion valuation
The CEO says run rate passed $1 billion and sandboxes are roughly a third of revenue after nearly three billion were spun up.
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- Mentions · 7d0
- Mentions · 30d2
- All mentions5
- First seenSep 8, 2026
- Last mentioned8d ago
Timeline
5 articles · newest first[AINews] Modal’s $1B ARR, $16B Series D makes it NYC’s newest AI Infra Decacorn, 3x usage and 3x valuation in 5 months, 15x in 1 yr
Modal crossed $1 billion ARR and raised $750 million at a $15.75 billion valuation.
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I had Gemini train its own replacement for $9
A developer used Gemini 3.1 Pro to label 4,290 Reddit comments for $9, then fine-tuned GLiNER 459M to 0.83 F1 for product NER.
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Introducing the Agents API
OpenAI launched the Agents API in public beta, exposing the Codex agent harness, managed sandboxes, and multi-agent orchestration to developers.
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Benchmarking Qwen3.8 27B quantizations: 4-bit holds up, 1-bit collapses
Quesma benchmarks Qwen3.8 27B quantizations: 4-bit Q4_K_M matches BF16 on key benchmarks while 1-bit collapses to random chance.
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Appears with
- Googlevendor · 2
- DeepMindorganization · 1
- Clineorganization · 1
- E2Bvendor · 1
- Oraclevendor · 1
- Gemini 3.1 Proai model · 1
- DigitalOceanvendor · 1
- OpenAIvendor · 1
- Unslothorganization · 1
- Boxorganization · 1
- Blaxelvendor · 1
- Quesmavendor · 1
- GLiNERproduct · 1
- llama.cppproduct · 1
- Agents APIproduct · 1
- Vercelvendor · 1
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