Modular has recently raised $100 million in new funding to further enhance its AI infrastructure for developers. The funding, led by General Catalyst and backed by existing investors GV, SV Angel, Greylock, and Factory, will support Modulars vision to revolutionize AI infrastructure worldwide. The company aims to defragment AI technology stacks, enabling faster innovation and increased value. Their products and technologies improve programmability, usability, scalability, compute efficiency, and hardware utilization. Modulars AI Engine and Mojo programming language are already making waves in the developer community. Mojo, 35,000 times faster than Python, combines usability and performance, unlocking the next wave of AI innovations.
