Fireworks AI In Talks for Funding at $15 Billion Valuation

May 27, 2026, 12:00 AM UTC

Fireworks AI, a startup that helps companies run artificial intelligence models, is in talks to raise a new round of funding that would value the company at $15 billion, according to people familiar with the matter.

Index Ventures, which previously invested in Fireworks, is set to co-lead the round, said one of the people, who asked not to be named because the discussions are private. The funding has not yet been completed, and details are subject to change.

Spokespeople for Fireworks and Index Ventures declined to comment.

The company is focused on AI inference, or the process of running already-trained AI models, a ...

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