Modal, an SF-based AI infrastructure layer, raised $750m in Series D funding at a $15.75b post-money valuation, per Axios Pro. Accel led, joined by Kleiner Perkins and insiders Menlo Ventures, General Catalyst, Lux Capital, Redpoint Ventures, and Bain Capital Ventures. Go deeper
TypeSafe AI (dba Jev), an SF-based composable AI startup led by OpenAI vet Diogo Almeida, raised around $870m at a $7.5b valuation. A16z led, joined by insiders DCVC and Sequoia Capital. Go deeper
