Fireworks AI is eyeing a $4 billion valuation in its latest funding round, more than seven times higher than last year. The cloud AI startup rents out Nvidia chip servers to developers building AI models.
The talks come as demand for AI infrastructure surges, pushing Fireworks AI into the spotlight.
This huge valuation jump highlights intense investor interest in AI cloud services. Fireworks AI’s growth track hinges on providing powerful GPU access at scale for AI developers.
No official funding amount or timeline has been revealed yet. The company declined to comment on specific investment details.
