Modal passes $1B in annualized revenue, valued at $15.75B
AI compute platform Modal says its annualized run rate topped $1 billion as it closed a $750 million Series D at a $15.75 billion post-money valuation, led by Accel.
ARR News and Analysis
3 verified stories covering ARR, product updates and industry developments.
Cognition's ARR run rate crosses $1 billion
Cognition says its annualized revenue run rate passed $1 billion on September 25, up from $492 million in May and roughly 13x in fifteen months.
AI startups inflate ARR: $50M claimed, $42M real
AI startups are using a metric called CARR to inflate revenue figures, with VCs complicit in the practice.