Modal Labs GPU deployment
Company: WhiteFiber
What the later record shows
Not a promise: a reported event · happened June 30, 2026
The September 2026 statement itself reports that Modal Labs revenue 'Began' in June 2026, so it describes a past event rather than a commitment. Only the month is given, so the last day of June is used.
Checked October 10, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Modal Labs contracted for 2-year cloud services deploying H200 GPUs with total contract value of approximately $17 million, with revenue commencement in June 2026.
Source (primary)
whitefiber 8-K exhibit (ea030525701ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-15)Live source ↗
Quote: “Hyperbolic / Modal Labs Modal Labs as end customer & reference partner ~$17M Total Contract Value 2 Yrs Contract Term Jun '26 Revenue Began”
How we checked this
Checked on October 11, 2026. The cited source supports part of this claim, but not all of it.
The presentation confirms the ~$17M value, 2-year term, June 2026 revenue start and H200 deployment. However, it lists the agreement as 'Hyperbolic / Modal Labs' and describes Modal Labs as the end customer and reference partner, so it does not establish that Modal Labs is the direct contracting counterparty.
Confirmed in the source:
- The Hyperbolic / Modal Labs agreement has a total contract value of approximately $17 million
- The Hyperbolic / Modal Labs agreement has a 2-year contract term
- Revenue under the Hyperbolic / Modal Labs agreement began in June 2026
- The deployment uses H200 GPUs from WhiteFiber's existing owned fleet
- Modal Labs is the end customer and a reference partner for this deployment
We could not confirm this from the cited source:
- That Modal Labs itself is the contracting party with WhiteFiber, rather than being the end customer under an agreement labeled Hyperbolic / Modal Labs
That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/2042022/000121390026099424/ea030525701ex99-1.htm) in full (29,875 characters, retrieved September 15, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms whitefiber 8-K exhibit (ea030525701ex99-1.htm)
Quote: “Hyperbolic / Modal Labs Modal Labs as end customer & reference partner ~$17M Total Contract Value 2 Yrs Contract Term Jun '26 Revenue Began”