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AI infrastructure

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Modal Raises $750M at $15.75B Valuation

Modal raised $750 million in a Series D led by Accel at a $15.75 billion valuation, more than triple its May Series C valuation. The company crossed a $1 billion annualized run rate.

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NVIDIA Open-Sources the Full Run:ai Platform

NVIDIA has open-sourced the complete Run:ai platform, including four independently adoptable components and two companion projects, as part of its DSX AI Factory platform.