4 sources healthy · latest episode 9 Nov 2026
descriptive claim

Until the end of the previous year, most of Modal's compute capacity came from spot purchases or one-year reservations.

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

“Uh, and, and over time, we added a couple more clouds, like doing reservations. But, but, like, still up until, like, actually end of last year, like, most of our capacity was either spot or a one-year reservations.”
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