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Latent Space · Thursday, October 22, 2026

Modal Sandboxes Reach One-Third of Revenue Driven by Vibe Coding and Agent Workloads

Modal CEO Erik Bernhardsson notes that Modal Sandboxes, launched in 2023, now make up approximately one-third of the company's revenue due to massive growth from vibe coding companies, background agents, and reinforcement learning labs.

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The tape

1 quote
“Sandboxes is now about a third of our revenue.”
Erik Bernhardsson
Heard on Latent Space — “Why AI Compute Comes in Rectangles — Erik Bernhardsson, Modal CEO”, published Thursday, October 22, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.
Transcribed via publisher transcript · $0.00