Tag
#Morgan Stanley
AI
Modal Labs valued at $4.65 billion after $355m Series C raise
Modal Labs raised US$355 million at a US$4.65 billion valuation, quadrupling its price tag in eight months as serverless GPU inference demand surges alongside AI coding adoption.
By Asha Iyer
Enterprise
Standard Chartered AI job cuts: 7,800 roles by 2030
Standard Chartered will remove about 7,800 back-office roles by 2030 as it expands automation and AI, with some affected staff flagged for redeployment.
By Soren Chau
