Artificial intelligence startup Fireworks AI has completed a $52 million financing round, led by Sequoia Capital

ChainCatcher news, according to Bloomberg, AI startup Fireworks AI has completed a $52 million financing round, led by Sequoia Capital, with participation from Nvidia, Advanced Micro Devices Inc., and MongoDB Inc. The company's total funding has reached $77 million, with a valuation of $552 million.

It is reported that Fireworks plans to use the new funds to expand its team and intends to broaden its partnerships with AI companies. Fireworks aims to help businesses adopt generative AI, allowing them to access over 100 models through its platform.