company

Fireworks AI

AI infrastructure startup

Startups · Fireworks AI seeks new funding at up to $40 billion valuation

AI infrastructure startup Fireworks AI is in early talks to raise new funding at a valuation between $30 billion and $40 billion, according to people familiar with the matter, a jump that would roughly double its July valuation of $17.5 billion and underscore investor appetite for companies powering the AI boom.