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AI news source. Articles are auto-selected and adapted by Hamidun News editors.

2 articles in Hamidun·Latest: October 28· Active·latent.space ↗
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Modal Raises $750M at a $15.75B Valuation and Reaches $1B in ARR
BusinessLatent Space (swyx)

Modal Raises $750M at a $15.75B Valuation and Reaches $1B in ARR

New York AI infrastructure provider Modal tripled its valuation in five months and grew usage 15x in a year. The main driver is agent sandboxes, with a $300M run rate.

Oct 28, 2026·2 min
DeepSeek open-sources DeepInfer: 155 trillion tokens a day and an 80% margin
BusinessLatent Space (swyx)

DeepSeek open-sources DeepInfer: 155 trillion tokens a day and an 80% margin

DeepSeek has open-sourced the V4.1 Flash inference engine. It claims 155 trillion tokens a day from one cluster, a 96% cache hit rate and about $22 million in daily revenue.

Oct 28, 2026·3 min