AI cloud startup Modal has raised $750 million at a $15.75 billion post-money valuation as demand surges for the infrastructure needed to build and run AI applications. CEO Erik Bernhardsson discusses the company’s more than 3 billion AI sandboxes, growing demand for inference and reinforcement learning, and why increasingly capable agents will need secure virtual environments where they can execute code and eventually take on longer-running tasks. He joins Ed Ludlow on “Bloomberg Tech.”
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@Manas-ry6f
October 14, 2026 at 2:21 pm
are these companies really worth so many billions?
@OlaFosheimGrstad
October 14, 2026 at 4:09 pm
It is commoditized soon…
@118Columbus
October 14, 2026 at 6:41 pm
Each sandbox is worth $10 million