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Sequoia, Nvidia Back Startup Fireworks AI at $552 Million Valuation

Startup Fireworks AI notched a valuation of $552 million in a funding round led by Sequoia Capital, a significant milestone for the two-year-old artificial intelligence company. Sequoia, along with investors including Nvidia Corp., Advanced Micro Devices Inc. and MongoDB Inc. put $52 million into the company in the funding round, brining its total cash haul to $77 million....

Read more at bloomberg.com

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