NEWSUPDATE: Modular, which lets developers build AI apps that run across multiple GPU and CPU vendors, raised $250M led by US Innovative Technology at a $1.6B valuation (Lauren Goode/Wired)

Thursday, 25 September 2025

Modular, which lets developers build AI apps that run across multiple GPU and CPU vendors, raised $250M led by US Innovative Technology at a $1.6B valuation (Lauren Goode/Wired)

Lauren Goode / Wired:
Modular, which lets developers build AI apps that run across multiple GPU and CPU vendors, raised $250M led by US Innovative Technology at a $1.6B valuation — Demand for AI chips is booming—and so is the need for software to run them. Chris Lattner's startup Modular just raised $250 million …

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