Modal crosses $1B run rate as AI infrastructure demand triples
Modal says it has crossed a $1B annualized run rate, with usage tripling in five months and growing more than 15x year over year. For developers, the practical bet is a serverless AI stack that handles scarce GPUs, slow-loading models, isolation, and deployment across a capacity pool spanning 20+ clouds. One customer, TypeSafe AI’s Jev, served 1T tokens on Modal in its first three days.