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October 15th, 2026 at 10:08 AM[AINews] Modal’s $1B ARR, $16B Series D makes it NYC’s newest AI Infra Decacorn, 3x usage and 3x valuation in 5 months, 15x in 1 yr
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Canonical link: https://latent.space/p/ainews-modals-1b-arr-16b-series-d/