If incredible softness is a top priority when you’re shopping for clothing, you most likely own a lot of modal. Technically a type of rayon (a.k.a. viscose), modal fabric is known for its silky feel.

Modal Labs, a platform that provides cloud-based infrastructure to data teams and app developers, particularly those creating generative AI applications, has raised $16 million in a Series A funding ...

Modal Labs, a startup specializing in AI inference infrastructure, is talking to VCs about a new round at a valuation of about $2.5 billion, according to four people with knowledge of the deal. Should ...

AI startup Modal raised $355 million in a new round of financing, valuing the company at $4.65 billion, CEO Erik Bernhardsson ​told Reuters.

Artificial intelligence startups are facing two massive headaches: There’s too much AI-generated code to deal with, and not nearly enough computing power to run it all on. Modal Labs Inc., which has ...

Modal is a semi-synthetic fabric adored for its softness, ease of care, and—more importantly—biodegradability. Because the fabric is quite breathable, it is often used in garments designed for comfort ...