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Fireworks AI

fireworks.ai

Developer of a generative AI platform designed to build and run magical AI agents and applications.

LBX PPS
1Y return
$72.90
Implied Valuation
$1.5B
-91.6% premium
Last Round
Jul 2026
Later Stage VC
Later Stage VC · $17.5B
Activity
7.7
#56 most active

Price per share

12M · USD

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Funding history

$M raised · $B post-money

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Signals

3 latest

Fireworks AI Launches Nexus Routing Layer for Cost-Efficient Coding Workloads

Fireworks AI has released Fireworks Nexus, a drop-in routing and cost-control layer that automatically directs routine coding tasks to open-weight models, helping enterprises reduce inference costs without sacrificing performance.

Source: MarkTechPost

Fireworks AI Bets on Specialized Models Over General AI

Fireworks AI, led by Lin Qiao, is positioning itself around specialized AI models rather than chasing general AI capabilities, signaling a strategic product direction distinct from broader industry trends.

Source: observer.com

Fireworks surpasses $1 billion in annualized revenue run rate

Fireworks surpasses $1 billion in annualized revenue run rate and serves more than 40 trillion tokens every day. More than 95% of those tokens come from models specialized on customers' proprietary data and optimized for specific jobs.

Source: Fireworks AI

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Office

Building A1, Dubai Digital Park, Dubai Silicon Oasis, Dubai, United Arab Emirates

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