Modal

2 stories

Every Modal story collected by The AI Daily, 2 so far, newest first, refreshed hourly.

Modal says Nvidia Vera doubles sandbox throughput

AI cloud company Modal plans to run its agent sandbox product on Nvidia's Arm-based Vera CPU, its first move away from x86. In its own unverified tests, Vera handled up to twice as many container-packed tasks as an Intel server, which Modal credits to memory bandwidth. The sandbox product generates $300M a year.

The Next Web · 2 d ago

Modal Nvidia Vera

Modal Raises $750M at $15.75B Valuation

AI cloud startup Modal has raised $750 million at a $15.75 billion post-money valuation amid surging demand for AI infrastructure. CEO Erik Bernhardsson discussed the company's over 3 billion AI sandboxes and growing demand for inference and reinforcement learning.

Bloomberg · 7 d ago

Modal Erik Bernhardsson

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