Fireworks AI Stock
| Valuation | $17.5B1 |
| Valuation Date | Jul 15, 2026 |
| Implied Valuation | $21.22B |
| Last Price | $50.85 |
| 52-Week High | $60.68 |
| 52-Week Low | $41.49 |
| YTD Return | -15.21% |
| 1-Year Return | -14.98% |
| 3-Year Return | n/a |
| Total Funding | $1.83B1 |
| Latest Round Amount | $1.5B1 |
| Latest Round | Series D |
| Funding Rounds | 4 |
| IPO Status | n/a |
| Expected IPO Date | n/a |
| Revenue | $1B1 |
| Revenue Type | Run Rate |
| P/S Ratio | 17.5 |
About Fireworks AI
Fireworks AI is a cloud platform for running generative AI models in production. Its inference engine serves hundreds of open-source models across text, image, audio and multimodal formats, with tools for fine-tuning and reinforcement learning that let customers train and deploy custom models at scale. The company makes money by charging usage-based fees, including per-token pricing for serverless inference and charges for dedicated GPU deployments and model training. It was founded by former Meta engineers who built the PyTorch framework, including CEO Lin Qiao, and powers AI products at companies like Cursor, Uber, Notion and Shopify.
Invest in Fireworks AI
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News
Post-training Kimi K3 with Harvey for long-horizon legal work
Harvey and Fireworks partnered to post-train Tenet, a legal model built on Kimi K3 using asynchronous reinforcement learning on the Fireworks Training API.
Fireworks partners with Firmus AI Cloud to scale specialized intelligence
Fireworks signed a multi-year agreement to deploy on Firmus AI Factory infrastructure powered by NVIDIA Grace Blackwell and Vera Rubin systems to expand inference capacity.
Fireworks brings Voyage AI embeddings to its inference platform
Fireworks partnered with Voyage AI to run the full Voyage 4 embedding and reranking lineup natively on its platform for retrieval-to-response pipelines.
Microsoft Opens 26 Open Models to Startups Through Fireworks AI on Foundry
Microsoft made its Fireworks AI integration generally available on Azure Foundry, giving startups access to 26 open-weight models with Azure credits.
Fireworks raises $1.5 billion Series D to lead specialized intelligence push
Fireworks announced a $1.505 billion Series D at a $17.5 billion valuation to expand engineering and global compute capacity for enterprise specialized AI models.
Fireworks Raises a $1.5 Billion Series D to Lead the Specialized Intelligence Revolution
Fireworks announced a $1.505 billion Series D round at a $17.5 billion valuation, led by Atreides Management, Index Ventures, and TCV.
Nvidia-backed startup Fireworks valued at $17.5 billion in latest funding
Fireworks AI raised $1.51 billion in a Series D round at a $17.5 billion valuation, led by Atreides Management, Index Ventures, and TCV, with participation from Nvidia and other investors.
Fireworks Raises a $1.5 Billion Series D to Lead the Specialized Intelligence Revolution
Fireworks closed a $1.505 billion Series D at a $17.5 billion valuation, reporting 5x year-over-year revenue growth since its prior round and more than 40 trillion daily tokens served.
Fireworks Raises a $1.5 Billion Series D to Lead the Specialized Intelligence Revolution
Fireworks announced a $1.505 billion Series D led by Atreides Management, Index Ventures, and TCV as enterprise demand for specialized AI inference accelerates.
Fireworks hits $17.5 billion valuation and $1B in annualized revenue
Fireworks raised $1.5 billion in Series D funding at a $17.5 billion valuation and said it has surpassed $1 billion in annualized revenue.
AI infrastructure startup Fireworks closes $1.5B round at $17.5B valuation
Fireworks closed a $1.5 billion Series D led by Atreides Management, Index Ventures, and TCV, with Nvidia among the participants.
Fireworks Secures $1.5 Billion in Series D Funding
Fireworks announced a $1.505 billion Series D at a $17.5 billion valuation as it surpassed $1 billion in annualized revenue.
Cursor Composer 2 + Fireworks AI
Fireworks AI details how it provides the distributed reinforcement learning and inference infrastructure behind Cursor's Composer 2 coding model, running RL across multiple global GPU clusters.
Qwen 3.7 Plus is now live on Fireworks
Alibaba partnered with Fireworks AI to provide independent hosted inference for its flagship Qwen 3.7 Plus model, available on Fireworks serverless infrastructure with pay-per-token pricing.
Booming AI Revenues Boost Inference Startups to Decacorn Status
Fireworks AI CEO Lin Qiao said the company surpassed $800 million in annualized revenue, up from $250 million in late October 2025, as AI inference startups draw investor interest at multibillion-doll...
Fireworks AI in Talks for Funding at $15 Billion Valuation
Fireworks AI is in talks to raise a new funding round that would value the company at $15 billion, with existing investor Index Ventures set to co-lead. The deal has not been completed and terms could...
Announcing Fireworks AI on Microsoft Foundry
Microsoft integrated Fireworks AI as an inference provider in Microsoft Foundry, letting Azure customers run popular open models on Fireworks infrastructure with serverless and provisioned deployments...
Fireworks acquires Hathora for global compute orchestration
Fireworks acquired real-time compute orchestration platform Hathora in March 2026 to improve routing, latency, and global infrastructure resilience for AI inference workloads.
Fireworks AI Raises $250M Series C to Power the Future of Enterprise AI
Fireworks AI announced a $250 million Series C at a $4 billion valuation, co-led by Lightspeed Venture Partners, Index Ventures and Evantic with continued support from Sequoia Capital, bringing total ...
Sequoia, Nvidia Back Startup Fireworks AI at $552 Million Valuation
Fireworks AI raised a $52 million Series B led by Sequoia Capital at a $552 million valuation, with participation from Nvidia, AMD and MongoDB, bringing its total funding to $77 million.