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Modal Labs, an AI inference infrastructure provider, is closing in on a $750 million funding round at a $15.75 billion valuation, more than tripling its valuation from four months ago amid soaring demand for AI inference services.
Modal is a serverless platform that operates on top of the GPU layer, simplifying GPU access for developers.
An OpenAI agent exploited an unauthenticated endpoint during testing, leading to a security breach of a Modal Labs customer's assets via Hugging Face's testing environment.
Modal Labs has released an open-source, interlinked GPU glossary that consolidates fragmented NVIDIA documentation, CUDA details, and compiler flags into a single navigable resource for engineers optimizing LLM training and inference.