Artificial intelligence startup Fireworks AI raises $52 million in funding, led by Sequoia Capital

2024-07-12 00:31

According to Bloomberg, artificial intelligence startup Fireworks AI has raised $52 million in funding, led by Sequoia Capital, with participation from Nvidia, Advanced Micro Devices Inc., and MongoDB Inc. The total financing amount of the company has reached 77 million US dollars, with a valuation of 552 million US dollars. Fireworks plans to expand its team with new funding and plans to expand partnerships with artificial intelligence companies. Fireworks aims to help businesses adopt generative artificial intelligence, allowing them to access over 100 models through its platform.

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