Sequoia, Nvidia Back Startup Fireworks AI at $552 Million Valuation
- Startup’s platform lets companies access multiple AI models
- Investors put $52 million into the company, led by Lin Qiao
Startup Fireworks AI notched a valuation of $552 million in a funding round led by Sequoia Capital, a significant milestone for the two-year-old artificial intelligence company.
Sequoia, along with investors including Nvidia Corp., Advanced Micro Devices Inc. and MongoDB Inc. put $52 million into the company in the funding round, brining its total cash haul to $77 million.