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    <lastBuildDate>Thu, 24 Sep 2026 03:03:03 GMT</lastBuildDate>
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      <title>Modal Labs in talks to raise funds at $15bn valuation, Bloomberg reports</title>
      <link>https://flipnews.co.uk/technology/modal-labs-15bn-raise-talks/</link>
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      <pubDate>Wed, 23 Sep 2026 12:00:00 GMT</pubDate>
      <description>The AI infrastructure startup, which raised $355m in May at a $4.65bn valuation, is discussing new financing at roughly three times that value, Bloomberg reported.</description>
      <author>James Calloway</author>
      <category>Modal Labs</category>
      <category>AI funding</category>
      <category>venture capital</category>
      <category>AI chips</category>
      <source url="https://www.reuters.com/technology/modal-labs-talks-raise-funds-15-billion-valuation-bloomberg-news-reports-2026-09-23/">Reuters</source>
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