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Modal, a startup that rents out Nvidia graphics processing units and software to help developers run and train models as well as agents, is in talks to raise money at around a $4.5 billion valuation. That would be an 80% premium to its last valuation from just a few months ago, according to two people with knowledge of the round.
The steep hike in valuation follows a jump in its annualized revenue to around $300 million, up five times from its pace last fall, one of the people with knowledge said. Much of.
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The Information
An East Bay apartment complex has been bought at a price that's well below its prior value. Read more ›
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A PG&E Corp. unit has bought a San Jose building in a move to bolster the utility's South Bay operations. Read more ›
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Moneybox crowned Europe’s newest unicorn as it gears up to test London’s Pisces market Read more ›
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Production AI changes infrastructure economics in ways most teams underestimate. Read more ›
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BIRMINGHAM, Alabama — On a sweltering afternoon in June, I stood in what was essentially a roadside ditch. Sandwiched between a four-lane highway and the parking lot of a faith-based recreation center near Birmingham, the ditch was filled with cool, flowing water, a bit of trash, and, apparently, some highly endangered fish. Jeffrey Drummond, a […] Read more ›
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The SFPD’s exposure of hours of videos from drone platform Skydio reveals how broadly it’s watching the city from above—and how the results can spill online. Read more ›
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Southeast Asia tech funding hit $7.4 billion in the first half of 2026, up 130% from a year earlier, according to Tracxn. Singapore absorbed 94% of it, and a single data centre firm accounted for more than half the regional total. Southeast Asia tech funding reached $7.4 billion in the first half of 2026, more ... Read more ›
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Wherever you go in the UK technology industry right now, one word comes up again and again: sovereignty. It is a priority for government, and increasingly a focus in boardrooms. For good reason. The world has become more uncertain. Geopolitics, trade tensions and security concerns are starting to shape how organisations think about their technology ... Read more ›
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Nearly three years ago, I showed you an awesome $8 cable tester that quickly tells you if your USB-C cable is likely fast, slow, powerful, or weak. Sadly, that gadget got discontinued, and I've never found anything as intuitive or inexpensive since. But if you've got a Mac with Apple Silicon chips, you can simply […] Read more ›
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Arizona gambling regulators have expanded their enforcement campaign against unlicensed online gambling operators, issuing cease-and-desist orders to five platforms after… Continue reading Arizona orders five online gambling operators to halt activities Read more ›
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DeepSeek delivers frontier-class AI performance at a fraction of competitor prices, but serious privacy concerns make it a complicated choice for businesses. Read more ›
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Есть большая и сложная система сборки Gradle и андроид-плагин AGP для установки большей части компонентов Android SDK, необходимых для вашего приложения. Но что, если вам не хочется руками устанавливать Android Studio, Android SDK, cmake, scrcpy и прочие нужные вещи? Здесь на помощь приходит mise — при кажущейся простоте он умеет все, что нам нужно. Читать далее Read more ›
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Microsoft is the latest hyperscaler to blame AI for rising emissions, at 25%, following similar rises from Google (25%) and Amazon (16%). Read more ›
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She spent a year trying to stay in tech. The industry's obsession with AI drove her to pursue a career in nursing. Read more ›
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Год назад я уже делал обзор на девайс TerraMaster F8 Pro, если интересно то эта статья есть в моем профиле. Это довольно необычный NAS, полностью построенный вокруг NVMe-накопителей. Устройство получилось действительно быстрым, но после публикации обзора многие читатели задали вполне закономерный вопрос: Читать далее Read more ›
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Пользователи допускают опечатки при регистрации, и база данных постепенно превращается в хаос. Мы столкнулись с этим в одном из наших проектов в компании, где система поддерживала артистов и помогала координировать выступления.Меня зовут Илья Новиков, я технический директор компании «Исходный код».Ранее карточки артистов создавались автоматически на основе заявок на выступления. Поначалу это казалось вполне приемлемым: артист подает заявку, система создает карточку, администраторы могут с ней работать.На пр Read more ›
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Apple faced pressure from the White House to use Intel's chipmaking plants while it was negotiating relief from semiconductor tariffs last summer, reports The Wall Street Journal ($). In August 2025, Apple CEO Tim Cook was in Washington to lobby the Trump administration to drop its proposed 100 percent tariff on semiconductor imports – a levy that would have raised costs across Apple's product line. Apple reportedly secured an exemption... Read more ›
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The Information
Singaporean prosecutors filed new charges against one of the suspects in a case related to smuggling Nvidia chips from the Southeast Asian country to other destinations such as China. The case began in February 2025 and has since expanded, as prosecutors alleged that the suspects falsely ... Read more ›
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Broadcom and Apple agreed to expand their “longstanding technology collaboration through 2031,” Broadcom said in a securities filing, adding that the companies had struck “new multi year” agreements for Broadcom to develop and supply custom chips for Apple to use in various products. Apple has ... Read more ›
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The world’s largest companies may not be hurriedly replacing traditional enterprise applications with vibe coded alternatives, but some smaller firms are. Greenleaf Management, an Atlanta-based real estate property and investment manager with about 55 employees, saved around $100,000 annually by replacing Salesforce’s customer relationship management software with a custom application developed using AI tools from startup Replit and Claude Code, said Dave Codrea, a partner at the company. The new... Read more ›
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Microsoft is laying off 4,800 employees, primarily in its Xbox and sales units, chief people officer Amy Coleman said in a memo to staff Monday. Coleman said that the cuts in sales were due to reorganizations as Microsoft shifts its business to focus more on AI products, including the creation ... Read more ›
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A little-noticed spat between two startups over their highly similar marketing videos is fueling concerns about AI's impact on creativity.Higgsfield AI, the video generation startup, has been getting buzz lately. My colleagues Valida and Julia reported last week that Higgsfield is raising $300 million to $500 million at a $5 billion valuation, excluding the new funds. And the company recently announced an integration with Claude Code, allowing the Anthropic coding... Read more ›
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At this year’s Milken Institute Global Conference, the discussions around enterprise AI had shifted. The question among executives was no longer if AI would pay off, but how. Many talked less about proving ROI and more about positioning their companies to capture it. That tension—between AI’s capabilities and organizations’ capacity to keep up—was evident everywhere, from panel discussions to a private dinner co-hosted by Aily Labs founder and CEO Bianca... Read more ›
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DETROIT—In mid-June, a few days after the SpaceX initial public offering made him billions, tech investor Antonio Gracias returned to his hometown of Detroit to address a room filled with Rust Belt manufacturers. The proprietors were mostly tech transplants who had come to the Midwest to buy up industrial plants and install AI on the factory floor.“It’s not true that you can’t make things in America,” Gracias said to encouraging... Read more ›
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Mercor hit over $2 billion in gross revenue run rate in June, double its pace earlier this year, according to a person with direct knowledge of the company’s financials. The growth comes from increased demand from AI app developers and Fortune 500 customers looking to build their own or ... Read more ›
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Some of the biggest backers of OpenAI and its rivals are pooling their money in an offshoot of Thrive Capital that buys controlling stakes in accounting and other services firms and aims to transform them with AI. Thrive Holdings, a one-year-old holding company started by OpenAI investor Thrive Capital, is raising around $2 billion from investors including Altimeter, D1 Capital Partners and SoftBank, according to a person familiar with the... Read more ›
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SpaceX President Gwynne Shotwell said Monday that she planned to donate a portion of her SpaceX stock to the Trump Accounts program. Shotwell wrote on X that the donation would be targeted to accounts for children between the ages of 11 and 17 “that live in areas with lower average household ... Read more ›
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13.07.2026 06:16
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