4 sources healthy · latest episode 9 Nov 2026
descriptive claim

Modal began generating meaningful revenue in late 2022.

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

“But then it took until like basically like late twenty twenty-two for us to see any meaningful, uh, revenue. And, and- I guess that's when ChatGPT came out. Yeah, and, and stable diffusion then- Yeah...”
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