Modal cuts CPU and GPU prices by 15-30%

Modal is cutting prices on CPUs and some of its most powerful GPUs by 15-30%, citing increased competition in the GPU supply pool and the launch of more powerful GPUs over the past year. The company is also changing CPU/memory billing to charge max(reservation, usage) per running container, with a minimum default reservation of 0.125 CPU cores for all Functions. The Team plan rises to $250/mo with unlimited seats and $100/mo in credits, with new pricing taking effect in September for affected Starter and Team/Enterprise users.