Company intelligence

Fireworks AI

Fireworks AI is an AI inference platform that runs and fine-tunes AI models for enterprises, and raised a $1.5 billion Series D at a $17.5 billion valuation in July 2026.

AI infraSan Mateo, California, USAFounded 2022Founders: Lin QiaoWebsite ↗See connections →Compare with Crusoe
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. Sep 26, 2026Fireworks AI Eyes $30B Valuation, Fal Seeks $20B Pulse story
  2. Jul 16, 2026Raised $1.5B Series D at a $17.5B valuation SiliconANGLE
  3. Jul 16, 2026First reported run rate: $1B+ annualized revenue SiliconANGLE
  4. Jul 16, 2026First reported valuation: $17.5B SiliconANGLE
  5. Jul 16, 2026New investor: Nvidia SiliconANGLE
Earlier changes (4)
  1. Jul 16, 2026New investor: Index Ventures SiliconANGLE
  2. Jul 16, 2026New investor: TCV SiliconANGLE
  3. Jul 16, 2026New investor: Atreides Management SiliconANGLE
  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$17.5BSiliconANGLE

Investors

Latest Pulse

  1. Samsung Invests $1B In KKR-Backed AI Infra Firm HelixSamsung is investing $1 billion in Helix, an AI infrastructure company backed by KKR, extending its push to capture value across the AI buildout beyond its own memory-chip business.→
  2. SiMa.ai Raises $150M Series C At $1.45B ValuationSiMa.ai closed an oversubscribed $150 million Series C at a $1.45 billion valuation, led by Fidelity and Amplify, bringing its total capital raised to $500 million for its edge AI inference chips.→
  3. Modal Labs Nears $750M Round At $15.75B ValuationInference provider Modal Labs is reportedly closing in on a $750 million round that would value it at $15.75 billion, the latest sign that managed AI-inference startups are re-pricing as fast as the model labs they serve.→
  4. Fireworks AI Eyes $30B Valuation, Fal Seeks $20BFireworks AI and Fal are both in talks for new funding rounds that could value the AI-inference startups at up to $30 billion and $20 billion respectively, as enterprise demand for managed inference outside the hyperscalers surges.→
  5. Figma Exec Joins AI Inference Startup BasetenA senior Figma executive is joining AI inference startup Baseten, another sign that operating talent is flowing from the application layer toward the AI infrastructure layer.→
  6. Ex-OpenAI Researcher's TypeSafe AI Exits Stealth With $40MTypeSafe AI emerged from stealth with $40 million in seed funding led by DCVC, founded by a co-inventor of RLHF building machine-native, composable AI meant to be embedded directly into software rather than accessed as a chat interface.→
  7. Why AI Compute Swallowed the Week's Venture DollarsCrusoe, Fluidstack and Gimlet Labs closed $4.8 billion between them in five days, and every dollar landed in the layer between the chips and the models rather than in the applications built on top.→
  8. Gimlet Labs Hits $3B Valuation on Chip-Agnostic AI BetAndreessen Horowitz led a $300 million round for the startup that lets AI workloads run across Nvidia, AMD, and custom silicon interchangeably, with Arm and Microsoft's M12 joining as new backers.→
  9. Open-Weight Labs Become the Valley's Acquisition TargetNvidia's reported $13 billion Hugging Face agreement, its $6 billion Poolside deal and Stripe's $7 billion-plus OpenRouter purchase have consolidated the open-model layer, even as enterprise adoption sits at 6%.→
  10. 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.→

Coverage Timeline

newest first
  1. Sep 26, 2026FUNDINGFireworks AI Eyes $30B Valuation, Fal Seeks $20B→
  2. Aug 17, 2026FUNDINGInside AI Infra's Money Trail: Databricks to Fireworks$5B round / $190B valuation→
  3. Jul 16, 2026FUNDINGNvidia-Backed Fireworks AI Hits $17.5B Valuation$1.5B at $17.5B→

All Coverage

Value Add Research

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Fireworks AI FAQ

What is Fireworks AI's valuation?

Fireworks AI's valuation is $17.5B (As of Jul 16, 2026, SiliconANGLE).

Who are Fireworks AI's investors?

Fireworks AI's investors include Atreides Management, Index Ventures, TCV, Nvidia, Evantic Capital, and 1 more (As of Jul 16, 2026).

Sources & methodologyshow
Where these figures come from

Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.

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