Latest Modal News & Updates

See the latest news and media coverage for Modal. We track all announcements, press releases, and industry mentions in real time, all in one place.

Modal

Serverless AI infrastructure platform

modal.com

Headquarters: New York City, United States
Company type: Private company
Number of employees: 50–225
Industry: IT Services & Consulting

Last updated Today

Latest news about Modal

In short: Modal secured $355 million in Series C funding at a $4.65 billion valuation following significant growth in its AI infrastructure platform.

Company announcements

July 21 Modal

Modal launches Devin Outposts on Modal Sandboxes

The integration allows Devin to run in user-controlled environments with custom images and snapshotting, starting July 21, 2026 in alpha.

July 16 Modal

Modal scaled to 1 million concurrent sandboxes

It rebuilt the platform from scratch with a decentralized architecture that eliminates central bottlenecks.

June 23 Modal

Modal introduces Auto Endpoints for optimized inference ownership

Users can deploy production-grade LLM inference with a single command, gaining transparency, metrics, and control.

June 19 Modal

Modal explains why speculative decoding is crucial for LLM inference

They released DFlash speculators for Qwen 3.5 series, achieving 5-20% speedups, and discuss training, modeling, and future of speculation.

Media coverage

July 28 CNBC

OpenAI's rogue agent compromised a customer at a second tech firm: Reuters

The intrusion at Hugging Face, carried out by an agent OpenAI was testing, drew global attention and evoked science-fiction scenarios of AI run amok.

July 28 Bloomberg

OpenAI's AI agent also illegally intrudes into another company's customer

OpenAI's AI agent intrudes into Hugging Face and also illegally accesses Modal Labs' customer environment.

July 28 The Guardian

Rogue OpenAI agent that hacked startup tried to attack other firms

ChatGPT developer says activity by autonomous tool was not at severity or scale of what occurred at Hugging Face...

June 11 Yahoo Finance

Wall Street’s $800 Billion AI Data Center Bet Is Showing Cracks. Only 84 of 157 Gigawatts Will Be Built by 2030

Although Wall Street has rewarded every hyperscaler willing to pledge more silicon, more concrete,...

Never miss news about Modal

Track Modal and your other target companies to get real-time alerts and weekly summaries delivered straight to your inbox.

Modal competitors & trending companies

Browse news for competitors to Modal and other trending companies.