29 September 2025

New York-based Modal Labs, which offers a serverless cloud platform to build AI apps and run AI inference, raised $87M led by Lux Capital at a $1.1B valuation (Chris Metinko/Axios)

Chris Metinko / Axios:
New York-based Modal Labs, which offers a serverless cloud platform to build AI apps and run AI inference, raised $87M led by Lux Capital at a $1.1B valuation

Posted from: this blog via Microsoft Power Automate.

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