Modal raises $355M Series C for agent-focused cloud infrastructure
Modal, a cloud provider built for developers, has raised a $355 million Series C funding round. The company is positioning itself to serve the growing demand for AI agent inference and compute workloads, as agents change the requirements for cloud infrastructure.
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Distributed inference network using community laptops and PCs
A distributed inference network that runs on a global pool of community laptops and PCs, paying people for idle compute. AI builders can use the inference API to run open models at half the cost of cloud, enabling cheaper AI app and agent development.
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TeraWulf pivots from Bitcoin mining to AI infrastructure provider
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