According to Bloomberg, artificial intelligence startup Fireworks AI has raised $52 million in funding at a valuation of $552 million, led by Sequoia Capital, with participation from Nvidia, Advanced Micro Devices and MongoDB. The company has raised a total of $77 million, with the funds raised going toward expanding its team and partnerships.
Fireworks AI’s tools are designed to make it easier for businesses to adopt generative AI, allowing them to access more than 100 models using its platform.
