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moves money SiliconANGLE May 22, 2026

Serverless AI infrastructure startup Modal Labs seals $355M funding round

Serverless AI infrastructure startup Modal Labs seals $355M funding round
AI Summary

Artificial intelligence startups are facing two massive headaches: there’s too much AI-generated code to deal with, and not nearly enough compute power to run it all on. Modal Labs Inc., which has just raised $355 million in a new funding round, believes it can kill both birds with one stone. The New York City-based startup […] The post Serverless AI infrastructure startup Modal Labs seals $355M funding round appeared first on SiliconANGLE .

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