Artificial intelligence and serverless cloud computing company Modal Labs closed a Series C round totaling $355 million, putting the company at a $4.65 billion post-money valuation. The company said ...

Modal Labs Inc., which has just raised $355 million in a new funding round, believes it can kill both birds with one stone.

SAN FRANCISCO, May 21 (Reuters) - 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 ...

If incredible softness is a top priority when you’re shopping for clothing, you most likely own a lot of modal. Technically a type of rayon (a.k.a. viscose), modal fabric is known for its silky feel.

Modal Labs, a platform that provides cloud-based infrastructure to data teams and app developers, particularly those creating generative AI applications, has raised $16 million in a Series A funding ...

By Deepa Seetharaman SAN FRANCISCO, May 21 (Reuters) - AI startup Modal raised $355 million in a new round of financing, ...

Modal is a semi-synthetic fabric adored for its softness, ease of care, and—more importantly—biodegradability. Because the fabric is quite breathable, it is often used in garments designed for comfort ...