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 (Bloomberg)
Two AI infrastructure startups are reportedly seeking fresh money only months after their last valuation jumps.
Techmeme’s note points to Bloomberg reporting that Modal Labs is discussing funding around a $15B valuation, after being valued at $4.65B in May. Baseten is also said to be in talks, this time around $26B, up from $13B in June. The item frames both as funding discussions, not completed rounds. Techmeme's note
Techmeme’s note points to Bloomberg reporting that Modal Labs is discussing funding around a $15B valuation, after being valued at $4.65B in May. Baseten is also said to be in talks, this time around $26B, up from $13B in June. The item frames both as funding discussions, not completed rounds. Techmeme's note
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