Fireworks AI
 | |
| Type | Private |
|---|---|
| Industry | Artificial intelligence |
| Founded | 2022 |
| Headquarters | |
Key people | Lin Qiao (co-founder and CEO) |
| Services | Artificial intelligence inference and model deployment |
| Website | fireworks |
Fireworks AI is an American artificial intelligence company headquartered in San Mateo, California. It provides AI inference and model-serving tools that allow developers to deploy, customize, and operate generative artificial intelligence models.[1][2]
History
[edit]Fireworks AI was founded in 2022 by a group of former Meta engineers. Its co-founder and CEO, Lin Qiao, previously led the PyTorch team at Meta.[3]
In 2024, Cursor worked with Fireworks AI to deploy Cursor's Fast Apply model and add support for its custom speculative-editing system.[4]
In July 2024, the company raised $52 million in a Series B funding round led by Sequoia Capital, bringing its total funding at the time to $77 million.[5]
In October 2025, Fireworks AI raised $250 million in Series C funding at a valuation of $4 billion. The round was led by Lightspeed Venture Partners, Index Ventures, and Evantic, with participation from Sequoia Capital.[6]
In July 2026, the company raised $1.51 billion in a Series D funding round at a valuation of $17.5 billion. The round was led by Atreides Management, Index Ventures, and TCV.[7]
See also
[edit]References
[edit]- ↑ Clark, Kate (March 26, 2024). "Fireworks.ai open source API puts generative AI in reach of any developer". TechCrunch. Retrieved July 16, 2026.
- ↑ Campbell, Simon (January 8, 2026). "This CEO left Meta and built a $4B AI startup by rejecting the one-size-fits-all approach". San Francisco Business Times. Retrieved July 16, 2026.
- ↑ "Meet the Founding Team". Fireworks AI. Retrieved July 16, 2026.
- ↑ Sanger, Aman (May 14, 2024). "Editing Files at 1000 Tokens per Second". Cursor. Retrieved July 16, 2026.
- ↑ "Fireworks AI Raises $52M Series B to Lead Industry Shift to Compound AI Systems". Fireworks AI. July 11, 2024. Retrieved July 16, 2026.
- ↑ Lin, Belle (October 28, 2025). "AI Inference Startup Fireworks AI Is Valued at $4 Billion in Funding Round". The Wall Street Journal. Retrieved July 16, 2026.
- ↑ "Nvidia-backed startup Fireworks valued at $17.5 billion in latest funding". Reuters. July 16, 2026. Retrieved July 16, 2026.