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Source: Inference provider Modal Labs closing in on $750M round at $15.75B valuation

Source: Inference provider Modal Labs closing in on $750M round at $15.75B valuation The new financing is expected to more than triples the AI infrastructure startup’s valuation from just four months ago. Powered by WPeMatico https://techcrunch.com/2026/09/28/source-inference-provider-modal-labs-closing-in-on-750m-round-at-15-75b-valuation/

Aurora CFO says 30,000 driverless trucks by 2030 isn’t as far-fetched as it sounds

Aurora CFO says 30,000 driverless trucks by 2030 isn’t as far-fetched as it sounds Self-driving truck company Aurora laid out an audacious plan for 2030. Its CFO says its targets aren’t aspirational. Powered by WPeMatico https://techcrunch.com/2026/09/28/aurora-cfo-says-30000-driverless-trucks-by-2030-isnt-as-far-fetched-as-it-sounds/

Peak XV ups Surge seed investment ceiling to $5M, unveils 18-startup cohort

Peak XV ups Surge seed investment ceiling to $5M, unveils 18-startup cohort Thirteen of the 18 startups in Peak XV’s latest Surge cohort are targeting global markets, while more than half are based in India. Powered by WPeMatico https://techcrunch.com/2026/09/28/peak-xv-goes-bigger-at-seed-with-new-surge-cohort-as-series-a-bar-rises/

AMD will acquire Fei-Fei Li’s World Labs for $8.2 billion

AMD will acquire Fei-Fei Li’s World Labs for $8.2 billion The acquisition will see World Labs founder Fei-Fei Li join AMD as executive vice president and chief scientist. Powered by WPeMatico https://techcrunch.com/2026/09/28/amd-will-acquire-fei-fei-lis-world-labs-for-8-2-billion/

OpenAI reportedly ditches model over safety concerns

OpenAI reportedly ditches model over safety concerns A top executive at the AI lab told the Wall Street Journal that the model in question had displayed a poor aptitude for following orders. Powered by WPeMatico https://techcrunch.com/2026/09/28/openai-reportedly-ditches-model-over-safety-concerns/