Fireworks, which helps developers access AI chips and open-source models, raised $1.5B at a $17.5B valuation and says it has exceeded $1B in annualized revenue (Jordan Novet/CNBC)

3 weeks ago 10
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Jordan Novet / CNBC:
Fireworks, which helps developers access AI chips and open-source models, raised $1.5B at a $17.5B valuation and says it has exceeded $1B in annualized revenue  —  The cost of the latest artificial intelligence models is increasingly breeding anxiety among finance executives …

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