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Exclusive: Modal Labs valued at $4.65 billion as AI coding takes off reut.rs/49z

BACKGROUND
1 SIGNALFIRST DETECTED 21 May 2026
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How the story developed
Other feeds and industry voices
28 Sept
Source: Inference provider Modal Labs closing in on $750M round at $15.75B valuation

Source: Inference provider Modal Labs closing in on $750M round at $15.75B valuation

OPINION · WHAT · TechCrunchOPEN STORY
15 Sept
AI coding agent startup Factory triples valuation to $5 billion in latest funding round reut.rs/4dyyLYP

AI coding agent startup Factory triples valuation to $5 billion in latest funding round reut.rs/4dyyLYP

OPINION · WHAT · ReutersOPEN STORY
28 Sept
Source: Inference provider Modal Labs closing in on $750M round at $15.75B valuation

The new financing is expected to more than triples the AI infrastructure startup's valuation from just four months ago.

REPORT · WHAT · TechCrunch AIOPEN STORY
12 Aug
AI coding startup Cognition reportedly already in talks to raise at $40B valuation

AI coding startup Cognition reportedly already in talks to raise at $40B valuation

OPINION · WHAT · TechCrunchOPEN STORY
8 Sept
Cognition hits $48B valuation, signaling investors believe AI coding is far from a winner-take-all market

Cognition's valuation multiple is higher than Cursor's was before selling to SpaceX.

REPORT · WHAT · TechCrunch AIOPEN STORY
Sources
Reuters

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