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Tagged: pay-per-use
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Company
Ai · Developer Tools · Enterprise
Modal
Modal is a serverless cloud platform that lets developers run compute-intensive AI and data workloads - inference, training, fine-tuning, batch jobs, and sandboxed code - without managing infrastructure. Built from scratch in Rust with a custom container runtime, file system, and GPU memory snapshotting, it delivers sub-second cold starts and elastic autoscaling from zero to thousands of GPUs, billed by the second. Founded in 2021 by Erik Bernhardsson and Akshat Bubna, the New York-based company reached roughly $300M in annualized revenue and raised a $355M Series C in 2026 at a $4.65B valuation.
modal · modal labsRead →
Ai · Developer Tools · Enterprise
Deep Infra Inc.
Deep Infra is a Palo Alto-based AI inference cloud that lets developers run hundreds of open-source machine learning models - large language models, image and video generation, speech, and embeddings - through a simple, OpenAI-compatible, pay-per-use API. The company owns and operates its own GPU fleet across multiple US data centers, processing trillions of tokens per week for companies that want production AI without managing infrastructure.
ai inference · gpu cloudRead →