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Nvidia Invests in Fireworks, Valuing the Company at $175 Billion

2026-07-16 21:48:18

Golden Finance reported that on July 17, Fireworks, an Nvidia-invested company, announced on Thursday that its annualized revenue has already exceeded $1 billion, which is 5 times that of the same period last year. The company has just completed a round of $1.5 billion in financing, with a post-investment valuation of $175 billion. The company’s CEO, JoLin, revealed that earlier, the code development tools startup Cursor contributed more than half of its revenue; now, as more and more companies shift to open-source models, its customer mix has been diversified.

NVDA-2.36%

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