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deep tech Tech-Economic Times October 19, 2026

Nvidia wins fast-growing AI startup Modal for new central processors

Nvidia wins fast-growing AI startup Modal for new central processors
AI Summary

Modal, a cloud-computing startup that rents out computing power to AI developers, said it plans to start using Nvidia's new Vera central processor for the first time for hosting agents, the AI systems that can carry out long-running tasks for human users. Modal until now has run such work only on Intel and AMD chips.

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