{
  "id": 9433446,
  "title": "Modal Labs in talks to raise funds at $15 billion valuation, Bloomberg News reports",
  "url": "https://urgent.news/2026/09/23/modal-labs-in-talks-to-raise-funds-at-15-billion-valuation-bloomberg",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-23T22:49:33.000Z",
  "source": {
    "name": "CNA - Business",
    "slug": "cna-business",
    "url": "https://www.channelnewsasia.com/business/modal-labs-in-talks-raise-funds-15-billion-valuation-bloomberg-news-reports-6406601"
  },
  "original_language": "en",
  "account": "AI startup Modal Labs is reportedly in talks to raise funds at an estimated $15 billion valuation, according to Bloomberg News on September 23. The company currently boasts a valuation of $4.65 billion, as previously reported by Reuters. Modal Labs assists AI companies in accessing the necessary chips for their AI tools and offers a sandbox product for developers to test their code before integrating it into their products. The startup did not immediately provide a comment on the potential funding round.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Channel News Asia",
        "title": "Modal Labs in talks to raise funds at $15 billion valuation, Bloomberg News reports",
        "url": "https://urgent.news/2026/09/23/modal-labs-in-talks-to-raise-funds-at-15-billion-valuation-bloomberg-9434209",
        "published": "2026-09-23T22:49:33.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}