Company intelligence

Fireworks AI

AI inference infrastructure platform for deploying and fine-tuning open-source generative AI models at scale.

AI infraSan Mateo, California, USAFounded 2022Founders: Lin QiaoWebsite ↗
Last verified Jul 16, 2026

Key Metrics

Valuation
$17.5B
As of Jul 16, 2026SiliconANGLE
Revenue run-rate
$1B+ annualized revenue
As of Jul 16, 2026SiliconANGLE

Company Snapshot

Fireworks AI is a AI infra company, based in San Mateo, California, USA, founded 2022 by Lin Qiao. Latest valuation $17.5B (As of Jul 16, 2026, SiliconANGLE).

Recent changes

  1. Jul 16, 2026Raised $1.5B Series D at a $17.5B valuation CNBC
  2. Jul 16, 2026First reported run rate: $1B+ annualized revenue SiliconANGLE
  3. Jul 16, 2026First reported valuation: $17.5B SiliconANGLE
  4. Jul 16, 2026New investor: NVentures CNBC
  5. Jul 16, 2026New investor: Index Ventures CNBC
Earlier changes (4)
  1. Jul 16, 2026New investor: TCV CNBC
  2. Jul 16, 2026New investor: Lightspeed Venture Partners CNBC
  3. Jul 16, 2026New investor: Atreides Management CNBC
  4. Jul 16, 2026Nvidia-Backed Fireworks AI Hits $17.5B Valuation Pulse story

Funding History

1 event · sources dated per row
DateEventAmountValuationInvestorsSource
Jul 16, 2026Series D$1.5B$17.5B
outlined = lead
Pulse story

Investors

Latest Pulse

  1. Inside AI Infra's Money Trail: Databricks to FireworksDatabricks' $5 billion round at a $190 billion valuation, Together AI's doubled $8.3 billion mark, and Fireworks AI's leap to $17.5 billion trace a single financing pattern reshaping AI infrastructure investing.
  2. Nvidia-Backed Fireworks AI Hits $17.5B ValuationAI inference startup Fireworks AI raised a $1.5 billion Series D at a $17.5 billion valuation, backed by Nvidia, as enterprises pursue cheaper, faster ways to serve AI models at scale.

Coverage Timeline

newest first
  1. FUNDINGInside AI Infra's Money Trail: Databricks to Fireworks
  2. FUNDINGNvidia-Backed Fireworks AI Hits $17.5B Valuation

All Coverage

Value Add Research

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