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Modal Labs, Baseten in major funding rounds as AI infrastructure demand surges

Baseten's funding valuation confirmed at $26 billion

2 Today 12:26 AM · 4h ago · 1 article · 1 post · 2 sources · development 2 of 2

Bloomberg sources clarify that Baseten is in funding talks at a $26 billion valuation, up from $13 billion in June. Modal Labs is confirmed at roughly $15 billion, up from $4.65 billion in May.

Modal Labs AI infrastructure startupBaseten AI infrastructure startup

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1Modal Labs, Baseten reveal funding…2Baseten's funding valuation confirmed at…
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What was reported 1 claim about this development

  1. 1 outlet 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

    first by Bloomberg, 4h ago

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