Latest Fireworks AI News & Updates

See the latest news and media coverage for Fireworks. We track all announcements, press releases, and industry mentions in real time, all in one place.

Fireworks AI (Fireworks)

AI model training and inference platform

fireworks.ai

Headquarters: San Mateo, United States
Founded year: 2022
Company type: Private company
Number of employees: 440–500
Industry: IT Services & Consulting

Last updated November 4

Latest news about Fireworks AI (Fireworks)

In short: Fireworks explored a $30–$40 billion funding round after raising $1.5 billion at a $17.5 billion valuation.

Company announcements

November 4 Fireworks

Fireworks launches Moonshot AI's Kimi K3.1 Pro on its platform

The model ranks first of 19 on Sierra's τ³-Banking benchmark and costs $2.00 per million uncached input tokens and $10.00 per million output tokens.

November 3 Fireworks

Fireworks launches new Nexus AI model router

Nexus selects open or closed models within tools like Claude Code, Codex and Cursor, with desktop, dashboard, subscriptions from $8/month and 53% lower coding costs.

October 9 Fireworks

Fireworks identifies unauthorized access to credentials

The company detected unauthorized use of internal Fireworks credentials and environment variables in limited customer accounts in October 2026.

July 15 Fireworks

Fireworks secures $1.5B Series D funding and surpasses $1B ARR

The $17.5 billion valuation round was led by Atreides Management, Index Ventures, and TCV, supporting expansion of compute infrastructure and engineering.

Media coverage

October 20 Business Insider

Infrastructure startup Fireworks AI is in early talks for new funding at a valuation between $30 billion and $40 billion

Google and Meta engineers, is seeking funding at a valuation between $30 billion and $40 billion.

September 25 Crypto Briefing

Fal and Fireworks AI explore new funding rounds as AI inference valuations soar

Fal and Fireworks AI are pursuing massive new funding rounds as AI inference demand surges, with valuations potentially reaching $8B and $17.5B...

July 16 Ventureburn

Fireworks AI Raises $1.5 Billion to Expand Enterprise AI Infrastructure

Fireworks AI raised $1.505 billion in a Series D round at a $17.5 billion valuation. New funding will expand compute capacity, engineering teams and cloud...

October 28, 2025 Techmeme

Fireworks AI, which helps developers access AI chips and models, raised a $254M Series C at a $4B valuation, split into a $230M primary and $24M secondary round

Belle Lin / Wall Street Journal: Fireworks AI, which helps developers access AI chips and models, raised a $254M Series C at a $4B valuation...

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