4 sources healthy · latest episode 9 Nov 2026
descriptive claim

Mage accounted for approximately 80–90% of Modal's revenue in the first quarter of 2023.

Unresolved speaker · Why AI Compute Comes in Rectangles — Erik Bernhardsson, Modal CEO · 22 Oct 2026

In their words

The transcript segments this claim was taken from

“It's just [chuckles] one and I don't, I don't know if I ever talked about like who that was and if they even know it, but I think they suspect it. It was a company in, in New York called Mage.”
“They're doing like a stable diffusion company. So at some point, you know, in, in, in the first it, I think first quarter of, of twenty twenty, uh, three, I think they were like eighty, ninety percent of our revenue.”
9:10Report a misattribution
0.80how strongly it was put, not whether it is true
0.80importance to the conversation
0.92confidence the claim was read correctly
Mage accounted for approximately 80–90% of Modal's revenue in the first quarter … · Savlar