Fireworks AI

Fireworks AI is an American artificial intelligence company headquartered in San Mateo, California. It provides AI inference and model-serving tools that allow …

Fireworks AI
Fireworks AI
TypePrivate
IndustryArtificial intelligence
Founded2022
Headquarters
San Mateo, California
Key people
Lin Qiao (co-founder and CEO)
ServicesArtificial intelligence inference and model deployment
Websitefireworks.ai

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

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

References

  1. ^ Clark, Kate (March 26, 2024). "Fireworks.ai open source API puts generative AI in reach of any developer". TechCrunch. Retrieved July 16, 2026.
  2. ^ 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.
  3. ^ "Meet the Founding Team". Fireworks AI. Retrieved July 16, 2026.
  4. ^ Sanger, Aman (May 14, 2024). "Editing Files at 1000 Tokens per Second". Cursor. Retrieved July 16, 2026.
  5. ^ "Fireworks AI Raises $52M Series B to Lead Industry Shift to Compound AI Systems". Fireworks AI. July 11, 2024. Retrieved July 16, 2026.
  6. ^ 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.
  7. ^ "Nvidia-backed startup Fireworks valued at $17.5 billion in latest funding". Reuters. July 16, 2026. Retrieved July 16, 2026.

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