[STARTUPS]■ STORY TIMELINE

FIREWORKS AI TARGETS $15B VALUATION IN NEW FUNDING ROUND

Fireworks AI, a platform for running AI models, is negotiating a funding round that would value the startup at $15 billion, up from $4 billion in October 2025.

3 SOURCESFIRST SEEN MAY 27, 12:50 AM► READ THE ARTICLE

Techmeme+0m

Sources: Fireworks AI, which helps companies run AI models, is in talks to raise funding at a $15B valuation after being valued at $4B in October 2025 (Rebecca Torrence/Bloomberg)

Rebecca Torrence / Bloomberg: Sources: Fireworks AI, which helps companies run AI models, is in talks to raise funding a…

Techmeme+14h 40m

AI coding startup Cognition AI raised more than $1B at a $26B valuation, and says its revenue run rate has increased to $492M from $37M in May 2025 (Rebecca Torrence/Bloomberg)

Rebecca Torrence / Bloomberg: AI coding startup Cognition AI raised more than $1B at a $26B valuation, and says its reve…

Techmeme+1d 20h

Sources: Airwallex raised new funding led by Lee Fixel's Addition at a ~$12B valuation, up from $8B late last year, and hit $1.5B in ARR, up from $1B in October (Axios)

Axios: Sources: Airwallex raised new funding led by Lee Fixel's Addition at a ~$12B valuation, up from $8B late last yea…

◄ BACK TO ARTICLE