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Industries
Data & Analytics
Enterprise Software
AI & Machine Learning
Company Size
51-200
Company Stage
Series B
Total Funding
$74.9M
Headquarters
Redwood City, California
Founded
2022
Company Does Not Provide H1B Sponsorship
Fireworks AI provides a platform for running and customizing machine learning models, catering to tech companies, research institutions, and enterprises that want to incorporate AI into their operations. The platform allows users to deploy models, fine-tune them, and perform inference, making it easier for clients to utilize AI technology. Unlike many competitors, Fireworks AI focuses on a subscription-based model that offers access to open-source models and additional premium features, which can be tailored to specific needs. The company's goal is to enhance AI adoption in production environments by developing advanced AI systems and expanding its capabilities, supported by recent funding to accelerate growth.
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Total Funding
$74.9M
Above
Industry Average
Funded Over
2 Rounds
Industry standards
画像クレジット: VentureBeat with Ideogram. DeepSeek-R1 推論モデルのリリースは、主要な AI 株の突然の大量売却に最も顕著に表れているように、テクノロジー業界に衝撃を与えた。DeepSeek がはるかに少ないコストで o1 の競合モデルを開発できたと報告されており、OpenAI や Anthropic のような潤沢な資金を持つ AI ラボの優位性はもはやそれほど確固たるものには見えない。. 一部の AI ラボは現在危機モードにあるが、企業セクターに関する限り、これはほとんど良いニュースである。
Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More. The release of the DeepSeek R1 reasoning model has caused shockwaves across the tech industry, with the most obvious sign being the sudden sell-off of major AI stocks. The advantage of well-funded AI labs such as OpenAI and Anthropic no longer seems very solid, as DeepSeek has reportedly been able to develop their o1 competitor at a fraction of the cost.While some AI labs are currently in crisis mode, as far as the enterprise sector is concerned, it’s mostly good news. Cheaper applications, more applicationsAs we had said here before, one of the trends worth watching in 2025 is the continued drop in the cost of using AI models. Enterprises should experiment and build prototypes with the latest AI models regardless of the price, knowing that the continued price reduction will enable them to eventually deploy their applications at scale. That trendline just saw a huge step change. OpenAI o1 costs $60 per million output tokens versus $2.19 per million for DeepSeek R1
Fireworks AI raises $52M led by Sequoia, boosting its valuation to $552M. The funds will speed up the development of compound AI systems, team growth, and platform enhancements to increase AI adoption in production.
Fireworks' funding round - which included participation by Nvidia - is happening as tech firms continue to invest in the AI sector and in the technology itself.
Fireworks AI, a Redwood City-based genAI inference platform provider, raised $52M in Series B Funding, valued at $552M
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Industries
Data & Analytics
Enterprise Software
AI & Machine Learning
Company Size
51-200
Company Stage
Series B
Total Funding
$74.9M
Headquarters
Redwood City, California
Founded
2022
Find jobs on Simplify and start your career today