Modal raised $750 million in a Series D led by Accel at a $15.75 billion valuation, with annualized revenue above $1 billion. Modal says nearly a third of that revenue comes from Sandboxes, its containers for agents and the code they write.
Perspective Coverage
6 publishers
- Builder
- Builder 34%
- Operator
- Operator 21%
- Investor
- Investor 45%
Reality
- Evidence50
- Adoption55
- Hype gap+25
- Incentives70
- Confidence65
At least half of Nvidia's receivables now sit with five customers
Five customers each held at least 10% of Nvidia's receivables in the July quarter, up from three in January, according to a filing CNBC cited. That puts at least half of what Nvidia is owed with five buyers while the number of firms renting out its chips keeps growing.
Reality
- Evidence55
- Adoption65
- Hype gap+10
- Incentives70
- Confidence55
buildOne report1 publisher Modal's gang scheduler places multi-node GPU training jobs from a shared serverless pool
Modal made multi-node GPU clusters generally available on October 1st, requested through one Python decorator and billed by the second. Dropping a reserved cluster for it means trusting a gang scheduler to place every node at once on one network.
Reality
- Evidence45
- Adoption35
- Hype gap+20
- Incentives65
- Confidence50
OpenAI Raised the AI Safety Alarm - Now It and Anthropic Are Selling Cyber-Defense
Newcomer reports founders swapping security consultants for frontier models while OpenAI stages a cyber session on Astra launch day. Neither lab has put a revenue number on the category.
Reality
- Evidence44
- Adoption38
- Hype gap+26
- Incentives79
- Confidence48
buildOne report1 publisher Devin now rents its execution: Cognition keeps the brain, Modal supplies the machines
Devin Outposts on Modal moves code execution into infrastructure the customer runs, which makes a sandbox vendor, not a model vendor, the thing platform teams must procure and secure.
Reality
- Evidence54
- Adoption27
- Hype gap+16
- Incentives79
- Confidence55