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Artificial intelligence startup Fireworks AI completes a $52 million financing round with Sequoia Capital leading the investment.

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Jul 12, 2024

The artificial intelligence startup Fireworks AI has completed a $52 million financing round, led by Sequoia Capital, with investments from companies such as Nvidia, Advanced Micro Devices, and MongoDB. Following this funding round, Fireworks AI's valuation has reached $552 million, with a total accumulated financing amount of $77 million. The company plans to use this funding to expand its team and strengthen partnerships.

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