Fal reportedly in funding talks at a $15 billion-plus valuation; Fireworks AI could target $30 billion
The Information reports Fal’s annualized revenue has doubled since March to $800 million. It says Fireworks AI reached a $1 billion annualized revenue pace by July.
TLDR
The Information reports Fal’s annualized revenue has doubled since March to $800 million, fueling talks for a new funding round at a valuation of $15 billion or more. Fireworks AI reached a $1 billion annualized revenue pace by July and could target a $30 billion valuation in its own potential round, the outlet says.
Combined views
10.5K
1 Source, first seen 14h ago