AI inference startup Modal Labs in talks to raise at $2.5B valuation, sources say Image Credits:Khanchit Khirisutchalual / Getty Images 2:48 PM PST · February 11, 2026 Modal Labs, a startup specializing in AI inference infrastructure, is in the process of raising a new round at a valuation of about $2.5 billion, according to four people with knowledge of the...

xAI burned $6.4B last year. SpaceX’s IPO filing shows why the spending is far from over Elon Musk’s xAI lost $6.4 billion from operations on just $3.2 billion in revenue in 2025, according to SpaceX’s IPO filings. And the losses are poised to grow. SpaceX’s filing reveals plans to scale Grok to “multiple trillions of parameters,” a dramatic boost that will likely require significant additional...

Lucid Motors’ new CEO cuts 18% of staff to ‘simplify the company’ Lucid Motors is laying off 18% of its workforce, or around 1,500 employees, just four months after the EV maker cut 12% of its staff. The company said on Monday that it has also “eliminated the second shift” of EV production at its factory in Casa Grande, Arizona. The cuts are part of a bid by Lucid’s new CEO, Silvio Napoli, to...

Singer D4vd arrested in connection to murder of missing teenGetty ImagesUS singer D4vd has been arrested on suspicion of murdering a teenage girl who went missing last year, police say.The TikTok star, whose legal name is David Anthony Burke, was the target of a grand jury investigation into the apparent murder of Celeste Rivas Hernandez, whose remains were found in his Tesla in September.The...

Stopping elite offenses in College Football 26 requires more than simply calling default zone or man coverages. High-level players thrive in meta formations with College Football 26 Coins such as Trips Tight End, spamming verticals, drags, seam shots, crossers, and corner routes that stress both man and zone principles. Traditional split-field coverages leave too many voids, and pure man...