[AI Infrastructure Company Fireworks Backed by NVIDIA Secures $1.5 Billion in Funding] According to Golden Finance, AI infrastructure startup Fireworks AI has announced the completion of a $1.5 billion funding round, bringing the company's valuation to $17.5 billion. Previously backed by NVIDIA, the company primarily provides developers with cloud-based services for running open-source AI models, helping enterprises deploy AI applications at lower costs. This funding round was led by Atreides Management, Index Ventures, and TCV, with participation from NVIDIA, Evantic, and Lightspeed Venture Partners. Currently, Fireworks processes approximately 40 trillion AI tokens daily. The company's clients include enterprises such as Elastic, GitLab, and MongoDB. Previously, more than half of its revenue came from the AI programming tool Cursor, but its customer base has now become more diversified.