CNBC · Jordan Novet ·

Fireworks, which helps developers access AI chips and open-source models, raised $1.5B at a $17.5B valuation and says it has exceeded $1B in annualized revenue

The cost of the latest artificial intelligence models is increasingly breeding anxiety among finance executives …

AI Venture Capital Open Source

Fireworks, which helps developers access AI chips and open-source models, raised $1.5B at a $17.5B valuation and says it has exceeded $1B in annualized revenue

Lead Source

CNBC — Fireworks, which helps developers access AI chips and open-source models, raised $1.5B at a $17.5B valuation and says it has exceeded $1B in annualized revenue ↗

More

Fireworks AI: Fireworks AI

LinkedIn: LinkedIn

Index Ventures: Index Ventures

Reuters: Reuters

Quartz: Quartz

Pulse 2.0: Pulse 2.0

SiliconANGLE: SiliconANGLE

Ventureburn: Ventureburn

Discussion

@jordannovet.cnbc.com

Rob Ferguson Shashank Verma Kerry Wei

@fireworksai_hq @natolambert

Discuss with AI

ChatGPT ↗ Claude ↗

← Back to TechSnif