AI
[AINews] Modal’s $1B ARR, $16B Series D makes it NYC’s newest AI Infra Decacorn, 3x usage and 3x valuation in 5 months, 15x in 1 yr
Latent Space · Oct 15, 2026 · 6:08 AM ET
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Why it scores
Rules judge: AI item; Topics: equity; Source: Latent Space.
Builder score 50
0 to 100: how useful this is for building or owning income-producing assets, digital or physical. Not a rating of how big the news is.
