Modal Labs in funding talks at ~$15B valuation, Baseten at $26B

nmasc_ · x · 2026-09-24

Per Bloomberg, inference-cloud startup Modal Labs is in funding talks at a roughly $15B valuation, up sharply from $4.65B in May, while Baseten is negotiating at a $26B valuation, up from $13B in June — nearly doubling within months and underscoring the capital frenzy around AI inference infrastructure.

Related event: AI Inference Startups Modal, Baseten in Talks for Mega Funding Rounds(3 posts)→

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