Fireworks raises $1.5B at $17.5B valuation
Fireworks announced a $1.505 billion Series D at a $17.5 billion valuation, led by Atreides Management, Index Ventures and TCV. The round tops recent raises by competitors Baseten ($1.5B at $13B) and Together AI ($800M at $8.3B), underscoring investor appetite for AI infrastructure.