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WHTop → 📋 News → Modal Labs Raises $355M as AI Compute Demand Reshapes Cloud Now
Modal Labs Raises $355M as AI Compute Demand Reshapes Cloud Now
📅 - Modal Labs has raised $355 million at a $4.65 billion valuation, turning a niche developer infrastructure company into one of the more closely watched suppliers in the AI compute stack. The funding follows a sharp revenue jump and reflects two market pressures arriving together: scarce GPU capacity and the spread of AI-generated code into production workflows.
The round was led by General Catalyst and Redpoint Ventures, with General Catalyst taking a board seat. Menlo Ventures, Bain Capital Ventures, and Accel also joined, alongside existing investors. Modal said its annualized revenue has climbed from about $60 million in September to more than $300 million.
That is the number investors [...][... Check source for end of article ...]
📅 - InMotion Hosting Says It Contained Major cPanel Flaw - InMotion Hosting says it neutralized a severe cPanel and WHM authentication-bypass flaw that exposed roughly 1.5 million internet-facing servers globally, shielding nearly all affected customers through network-edge blocks and rapid patching. The episode shows how managed hosting providers now compete on operational containment, not just uptime, pricing, or control-panel convenience alone during live security incidents at scale.
The vulnerability, tracked as CVE-2026-41940, carried a CVSS score of 9.8. Near the top of the severity scale. According to technical analysis from watchTowr Labs cited by InMotion Hosting, the bug chain could let a network-based attacker gain root-level control [...]
📅 - Oracle Ad Campaign Defends Data Center Project in New Mexico - Oracle has launched a bilingual advertising campaign across New Mexico to defend its planned Project Jupiter data center campus in Doña Ana County, where the company faces local scrutiny over water use, energy demand, and public subsidies. The campaign frames the project as an economic development engine with revised infrastructure plans designed to limit environmental strain.
The ads will run for several months across television, radio, online platforms, and social media in English and Spanish. Oracle is trying to speak directly to residents, not just county officials, consultants, or business groups. That tells you something about the politics around large data center developments now. [...]
📅 - Dutch Halt Kyndryl’s Solvinity Deal Over Cloud Control - The Dutch government will block Kyndryl's planned acquisition of Solvinity, citing public-interest risks tied to critical cloud services and foreign control. The decision, disclosed to parliament by Dutch Junior Economic Affairs Minister Willemijn Aerdts, puts digital sovereignty ahead of a cross-border IT services deal involving a provider that hosts the Netherlands' DigiD identity system for citizens online services.
This is not just another M&A review turning sour. Solvinity is not a generic cloud reseller sitting somewhere in the Dutch IT supply chain. It hosts DigiD, the national digital identity system used by Dutch citizens to access tax records, insurance information, health data [...]
📅 - Storm Risk Shadows $670B in Planned U.S. Data Center Builds - MS Amlin says half of planned U.S. data center projects, representing $670 billion in investment, are in states facing high risk from severe convective storms, including tornadoes, hail and damaging winds. The insurer's analysis lands as AI infrastructure expands into cheaper southern markets, where power, land and tax incentives look easier than climate certainty on paper today.
The specialty Lloyd's insurer reviewed more than 670 data center projects planned or under construction across the United States. It found 320 facilities in states classified as high risk for severe convective storms, or SCS in insurance shorthand. Ugly phrase. Expensive peril.
The number that should make [...]
📅 - Linux Foundation Takes AI Agent Discovery Into DNS Layer - The Linux Foundation is taking in a new open source project, DNS-AID, that tries to make AI agents find each other through DNS rather than private registries or brittle configuration files. The work, started at Infoblox, arrives as enterprises begin wiring autonomous software into networks that were never designed to know what an agent is.
For now, the project is small in the way many infrastructure efforts are small at the beginning: a reference implementation, a Python SDK, a command-line tool, and an MCP server. Useful pieces. Not yet a standard that enterprises can assume will be present across vendors, clouds, registrars, security tools, and agent frameworks.
Still, the direction is [...]
📅 - Deloitte Expands Netskope Managed SASE Service in EMEA - Deloitte is extending its relationship with Netskope to offer managed SASE services in EMEA, combining consulting, security operations and Netskope's cloud security platform for enterprises reworking networks around cloud and AI. The move gives large buyers another outsourced route into SASE, though it also raises familiar questions about integration depth, lock-in and operational accountability.
For enterprise technology leaders, the announcement is less about a new product category than about procurement reality. SASE has been around long enough to escape the slideware phase, but many companies still struggle to implement it coherently. SD-WAN in one lane. ZTNA somewhere else. CASB [...]
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