Rashi Shrivastava(@RashiShrivast18):@Forbes @arena @ml_angelopoulos @FactoryAI @matanSF @genspark_ai With soaring AI costs, one company that stands to gain is @FireworksAI_HQ. The company booked an estimated $250 million in 2025. Its valuation has grown 4x to $17.5 billion in the past nine months, making the 50-year-old CEO @lqiao a new billionaire.

Rashi Shrivastava

@RashiShrivast18

Staff writer @Forbes covering AI and startups. I write The Prompt, a newsletter on AI/ send tips: rshrivastava@forbes.com or signal: rashis.17

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Rashi Shrivastava@RashiShrivast18

2026.10.07 14:50

@Forbes @arena @ml_angelopoulos @FactoryAI @matanSF @genspark_ai With soaring AI costs, one company that stands to gain is @FireworksAI_HQ. The company booked an estimated $250 million in 2025. Its valuation has grown 4x to $17.5 billion in the past nine months, making the 50-year-old CEO @lqiao a new billionaire.