Fireworks, Fal in Talks for New Rounds as Inference Demand Soars

AI inference startups Fal and Fireworks AI are in talks to raise new funding amid surging demand for model access. Fal is discussing a round at a $15 billion valuation, with a possible range of $17 billion to $20 billion.

• Fal is in talks for a new round at a $15 billion valuation
• Valuation could reach $17 billion to $20 billion
• Fal provides inference for video and image models, including Google's Nano Banana
• Talks are at an early stage