NVIDIA-Invested Fireworks Reaches $175 Billion Valuation
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Author:小编   

Fireworks, a company invested in by NVIDIA, announced on Thursday that its annualized revenue has surpassed $1 billion, five times the level of the same period last year. Meanwhile, the company has just completed a $1.5 billion funding round, raising its post-investment valuation to $175 billion. Fireworks CEO Jolene revealed that previously, Cursor, a startup specializing in code development tools, contributed more than half of the company's revenue. Today, with an increasing number of enterprises opting to use open-source models, Fireworks' customer base has diversified.