Modal Secures $750 Million to Scale AI Infrastructure
Cloud infrastructure startup Modal has reached a $15.75 billion valuation after raising $750 million in a funding round led by Accel.

Cloud infrastructure startup Modal has reached a $15.75 billion valuation after raising $750 million in a funding round led by Accel.

AI infrastructure provider Modal Labs has raised $750 million in a Series D round, pushing its valuation to $15.75 billion.

Efsol has migrated a high-load Kubernetes platform to its own cloud infrastructure after the loss of two data centers, restoring full development and production capabilities.
Yandex services in Kazakhstan are experiencing technical disruptions following a series of drone attacks on the company's data centers in Russia.

Selectel plans to invest 25 ₽ billion in its AI ecosystem by 2031, driven by a 2.6x increase in cloud GPU revenue over the first nine months of 2026.
K2 Cloud and K2 Cybersecurity have secured data transmission for Whoosh to meet FSTEC requirements in a project completed within six weeks.
Anthropic plans to invest $518 billion in cloud infrastructure and data centers over the next decade to secure long-term computing power.

ActiveCloud has deployed a Russian cloud infrastructure for the HCM platform Stafflow to support its expansion into the Russian market by 2026.
K2 Cloud has introduced traffic mirroring for virtual machines in its OVN-based network, enabling the deployment of NTA/NDR security systems in Russian public clouds.

Analysts discuss the shift toward AI-driven infrastructure, the financial sustainability of neocloud providers like CoreWeave, and the security risks posed by autonomous AI agents.

A study of 13 enterprise customers reveals that CoreWeave is successfully converting GPU availability advantages into a durable AI cloud business through operational performance and support.

Observability company groundcover has acquired Kubernetes optimization startup Wand Cloud in its first-ever deal to advance autonomous infrastructure capabilities.

CoreWeave and Nebius are scaling rapidly with multi-billion dollar contracts and Nvidia backing, though concerns over debt and valuation have led to recent analyst downgrades.

AI cloud infrastructure provider CoreWeave has upsized its convertible note offering to $3,7 billion, with the potential to reach $4,2 billion.

Dutch startup Boxd has secured $2 million in pre-seed funding to develop cloud infrastructure tailored for AI coding agents and developers.

UserGate has secured the Astra Cloud infrastructure, enabling the platform to meet FSTEC regulatory requirements for government and commercial clients.

Dutch startup Boxd has secured $2 million in pre-seed funding to develop cloud infrastructure designed for AI coding agents and software developers.

Swedish startup Serverpod has released App Studio, a development environment designed to help developers scale AI-generated prototypes into production-ready applications.

RTK-TsOD has deployed a hybrid IT infrastructure for the Saint Petersburg-based energy company TEK SPb, utilizing a Tier III data center and secure cloud services.

Nebius and Palantir have formed a strategic partnership to provide sovereign AI infrastructure for Palantir's commercial clients.
