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Fireworks AI raises US$250 million at US$4 billion valuation to scale enterprise platform

Fireworks AI raised US$250 m at a US$4 b valuation to scale its enterprise AI-inference platform and global growth.
The California-based startup Fireworks AI has secured a US$250 million Series C funding round at a valuation of approximately US$4 billion. Led by major investors including Lightspeed Venture Partners, Index Ventures and Sequoia Capital, the company supplies AI-inference-platform infrastructure to enterprise clients. The fresh capital will support global expansion, product R&D and scaling of operations. The round highlights continuing appetite for AI-infrastructure plays even amid broader VC caution and reflects a selective focus on enterprise-software and data-centre growth.