Fireworks AI Valued at $552 Million After New Funding Round
Qiao Said The Industry is Heading to a Place Where Using a Mix of AI Systems Becomes the Norm
“Unlike proprietary mega models that are generic, non-private, and hard to customize, Fireworks AI provides smaller, production-grade models that can be deployed privately and securely,” CEO Lin Qiao wrote in the post. “Using minimal human-curated data, our ultra-fast LoRA fine-tuning allows developers to quickly customize models to their specific needs, transitioning from dataset preparation to querying a fine-tuned model in minutes. These fine-tuned models are seamlessly deployed, maintaining the same performance and cost benefits as our base models.”
Developers at AI startups such as Cresta, Cursor and Liner have used Fireworks’ AI models, as have tech companies including DoorDash, Quora and Upwork, the post said.
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