Blog

Today the "Inworld TTS 1 Max" model (powered by the Modular Platform) is in #1 position on the Artificial Analysis speech leaderboard!

Modular Raises $250M in Third Round to Unify AI Compute

Modular has partnered with SF Compute to address a fundamental asymmetry in the AI ecosystem: while model capabilities advance exponentially, the economic structures governing compute costs remain anchored in legacy paradigms. 

Modular is excited to announce a partnership with Advanced Micro Devices, Inc. (AMD), one of the world’s leading AI semiconductor companies. This partnership marks the general availability of the Modular Platform across AMD's GPU portfolio, a significant milestone in heterogeneous AI computing infrastructure. Effective immediately, developers can deploy the Modular Platform on AMD's flagship datacenter accelerators, including the MI300 and MI325 series.

Today, Modular is excited to announce a partnership with Amazon Web Services (AWS), the world’s leading and largest cloud server provider. Together, we are bringing the benefits of the MAX Platform to AWS production services everywhere, powering innovative AI features for billions of users around the world.

The era of Generative AI is upon us. Companies around the world are exploring how it can transform their businesses, yet most are finding it challenging to economically and efficiently deploy these larger and more complex models into production.

‍ModCon 2023 is Modular’s first ever conference and we’d like to invite you to join us on Dec 4th in San Francisco. ModCon includes a full day of keynote presentations, panels, lightning talks, and workshops from industry experts and the Modular team. 

We are happy to welcome Mostafa Hagog to Modular, who recently joined to lead our high performance numeric kernels, graph compiler, and low level heterogeneous runtime teams! These technology areas are critical low-level components of our AI Engine, and are directly responsible for delivering state of the art performance across many categories of hardware.

AI systems take an incredible amount of time to build and get right - I know because I have helped scale some of the largest AI systems in the world, which have directly and indirectly impacted billions of people. If I step back and reflect briefly - we were promised mass production self-driving cars 10+ years ago, and yet we still barely have any autonomous vehicles on the road today.

We are excited to announce that we have raised $100 million in new funding, led by General Catalyst and filled by existing investors GV (Google Ventures), SV Angel, Greylock, and Factory. This second round of funding follows our first $30 million round from last year and will enable us to supercharge our vision for the future of AI infrastructure for the world's developers.