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.
World Labs co-founder and CEO Fei-Fei Li. | Bloomberg via Getty Images AMD announced today that it's acquiring World Labs, an AI research lab co-founded by the prominent researcher Dr.
Funding rounds indicate market confidence and shape which platforms will have resources for long-term development. Tracking these signals helps teams evaluate vendor stability and ecosystem health.
The new financing is expected to more than triples the AI infrastructure startup's valuation from just four months ago.
The acquisition will see World Labs founder Fei-Fei Li join AMD as executive vice president and chief scientist.
Modulate deploys its models to detect deepfake, fraud and scam.