Modular recently announced that it has raised $100 million in a new round of funding led by General Catalyst and filled by existing investors GV (Google Ventures), SV Angel, Greylock, and Factory. This second funding round follows the company’s first $30 million round from last year and will enable the company to supercharge our vision for the future of AI infrastructure for the world’s developers. Modular’s vision is to enable AI technology to be used by anyone, anywhere. And the company’s next-generation AI developer platform enables our customers and the world’s developers to defragment their AI technology stacks, pushing more innovations into production faster and realizing more value
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