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Fireworks AI vs Nebius

Side-by-side on valuation, funding, investors, founders & more

Comparison updated: April 2026

Nebius is valued at $25B — more than 3x Fireworks AI's $4B.

Head-to-Head Verdict

Nebius leads on 4 of 5 metrics

Fireworks AI

1 win

-Valuation
-Funding
-Awaira Score
-Team Size
+Experience

Nebius

4 wins

+Valuation
+Funding
+Awaira Score
+Team Size
-Experience

Key Numbers

Valuation
$4B
$25B
Total Funding
$327M
$2B
Awaira Score
82/100
84/100
Employees
150
1,000
Founded
2022
2023
Stage
Series C
Private
Fireworks AINebius
Fireworks AI logo
Fireworks AI

🇺🇸 United States · Lin Qiao

Series CAI InfrastructureEst. 2022

Valuation

$4B

Total Funding

$327M

Awaira Score82/100

150 employees

Full Fireworks AI Profile →
Winner
N
Nebius

🇳🇱 Netherlands

PrivateAI InfrastructureEst. 2023

Valuation

$25B

Total Funding

$2B

Awaira Score84/100

1,000 employees

Full Nebius Profile →
Market Context

As AI Infrastructure players, Fireworks AI and Nebius target overlapping customers despite operating from different countries. The stage gap — Fireworks AI at Series C vs Nebius at Private — shapes how each company allocates capital and talent.

🔬

Analyst Summary

Built from real data · Updated April 2026

Companies

Fireworks AI and Nebius both operate in AI Infrastructure, though their strategies diverge significantly. Fireworks AI, founded in 2022, develops infrastructure software for deploying and running large language models (LLMs) in production environments. Nebius is a Dutch AI infrastructure company that provides full-stack AI cloud computing services, from GPU clusters to managed machine learning platforms.

Funding & Valuation

A 6.3x valuation gap separates these companies — Nebius at $25B and Fireworks AI at $4B. Capital raised tells a clear story: Nebius at $2B versus Fireworks AI at $327M — a $1.7B difference.

Growth Stage

Fireworks AI was founded in 2022, 1 year before Nebius arrived in 2023. Growth stages differ: Fireworks AI (Series C) versus Nebius (Private), a distinction that matters for both deal structure and competitive positioning. On headcount, Fireworks AI reports 150 employees and Nebius reports 1,000.

Geography & Outlook

Fireworks AI operates out of 🇺🇸 United States while Nebius is based in 🇳🇱 Netherlands, giving each a distinct home-market advantage. The Awaira Score reflects a tight race: 82 for Fireworks AI versus 84 for Nebius. Investors and analysts will want to watch how both companies execute over the coming quarters.

Funding Velocity

Fireworks AI

Total Rounds2
Avg. Round Size$38.5M
Funding Span0.3 yrs

Nebius

Total Rounds1
Avg. Round Size$2B

Funding History

Fireworks AI has completed 2 funding rounds, while Nebius has gone through 1. Fireworks AI's most recent round was a Series B of $52M, compared to Nebius's Strategic ($2B). Fireworks AI is at Series C while Nebius is at Private — different points in their growth trajectory.

Team & Scale

Nebius has the bigger team at roughly 1,000 people — 7x the size of Fireworks AI's 150. They're close in age — Fireworks AI started in 2022 and Nebius in 2023. Geographically, they're in different markets — Fireworks AI operates out of United States and Nebius from Netherlands.

Metrics Comparison

MetricFireworks AINebius
💰Valuation
$4B
$25BWINS
📈Total Funding
$327M
$2BWINS
📅Founded
2022
2023WINS
🚀Stage
Series C
Private
👥Employees
150
1,000
🌍Country
United States
Netherlands
🏷️Category
AI Infrastructure
AI Infrastructure
Awaira Score
82
84WINS

Key Differences

💰

Valuation gap: Nebius is valued 6.3x higher ($25B vs $4B)

📈

Funding gap: Nebius has raised $1.7B more ($2B vs $327M)

📅

Market experience: Fireworks AI has 1 year more (founded 2022 vs 2023)

🚀

Growth stage: Fireworks AI is at Series C vs Nebius at Private

👥

Team size: Fireworks AI has 150 employees vs Nebius's 1,000

🌍

Market base: 🇺🇸 Fireworks AI (United States) vs 🇳🇱 Nebius (Netherlands)

⚔️

Direct competitors: Both operate in the AI Infrastructure market segment

Awaira Score: Nebius scores 84/100 vs Fireworks AI's 82/100

Which Should You Choose?

Use these signals to make the right call

Fireworks AI logo

Choose Fireworks AI if…

  • More market experience — founded in 2022
  • United States-based for regional compliance or proximity
  • Fireworks AI, founded in 2022, develops infrastructure software for deploying and running large language models (LLMs) in production environments
N

Choose Nebius if…

Top Pick
  • Higher Awaira Score — 84/100 vs 82/100
  • More established by valuation ($25B)
  • Stronger investor backing — raised $2B
  • Netherlands-based for regional compliance or proximity
  • Nebius is a Dutch AI infrastructure company that provides full-stack AI cloud computing services, from GPU clusters to managed machine learning platforms

Funding History

Fireworks AI raised $327M across 2 rounds. Nebius raised $2B across 1 round.

Fireworks AI

Series B

Jul 2024

Lead: Sequoia Capital

$52M

Series A

Mar 2024

Lead: Sequoia Capital

$25M

Nebius

Strategic

Mar 2026

Lead: NVIDIA

$2B

Investor Comparison

No shared investors detected between these two companies.

Unique to Fireworks AI

Sequoia CapitalGradient VenturesSoftBank Vision Fund

Unique to Nebius

NVIDIA

Users Also Compare

FAQ — Fireworks AI vs Nebius

Is Fireworks AI bigger than Nebius?
By valuation, Nebius is the larger company at $25B versus $4B — a 6.3x difference. Size can also be measured by team: Fireworks AI employs 150 people while Nebius has 1,000 employees.
Which company raised more funding — Fireworks AI or Nebius?
Nebius has raised more in total funding at $2B, compared to Fireworks AI's $327M — a gap of $1.7B. Combined, the two companies have completed 3 known funding rounds.
Which company has a higher Awaira Score?
Nebius leads with an Awaira Score of 84/100, while Fireworks AI sits at 82/100. That 2-point gap reflects real differences in funding, scale, and traction — it's not a vanity metric.
Who founded Fireworks AI vs Nebius?
Fireworks AI was founded by Lin Qiao in 2022. Nebius's founder information is not currently available in our database.
What does Fireworks AI do vs Nebius?
Fireworks AI: Fireworks AI, founded in 2022, develops infrastructure software for deploying and running large language models (LLMs) in production environments. The company provides a platform that enables organizations to deploy, fine-tune, and optimize open-source and proprietary models with reduced latency and cost. Fireworks AI's core offering focuses on inference acceleration, allowing enterprises to serve LLMs efficiently at scale through specialized hardware optimization and software acceleration techniques. The platform supports multiple model architectures and enables customization for specific use cases, including content generation, summarization, and code completion. The company has secured $327M in total funding at a $4.0B valuation as of Series C, reflecting significant investor confidence in AI infrastructure. Fireworks AI operates in a competitive segment alongside providers like Together AI, Modal, and cloud-based solutions from major vendors. The company targets enterprises seeking to reduce operational costs associated with LLM deployment while maintaining performance control and data privacy. Its position reflects broader market trends toward distributed AI infrastructure and the need for cost-efficient model serving solutions. The infrastructure layer Fireworks occupies addresses a critical gap between model development and production deployment, supporting the growing adoption of generative AI across industries. Fireworks AI specializes in inference optimization infrastructure, enabling cost-effective production deployment of large language models for enterprise customers. Nebius: Nebius is a Dutch AI infrastructure company that provides full-stack AI cloud computing services, from GPU clusters to managed machine learning platforms. Originally spun out of Yandex, Nebius has established itself as a major AI infrastructure provider with strategic partnerships including a $2 billion investment from NVIDIA and a $27 billion infrastructure deal with Meta covering dedicated GPU capacity and compute resources over a five-year period. The company operates AI-optimized data centers and offers cloud services that span the entire AI stack — from bare-metal GPU access through high-level managed AI services. Nebius competes in the rapidly growing AI cloud market alongside CoreWeave, Lambda, and the major hyperscalers, differentiating through deep engineering expertise across hardware and software layers.
Which company was founded first?
Fireworks AI got there first, launching in 2022 — that's 1 year of extra runway. Nebius didn't arrive until 2023. In AI, that kind of head start means more training data, deeper customer relationships, and a bigger talent moat.
Which company has more employees?
Fireworks AI has about 150 employees; Nebius has about 1,000. A bigger team usually means more revenue or heavier VC backing, but in AI, small teams can build at massive scale.
Are Fireworks AI and Nebius competitors?
Yes — they're direct rivals. Both Fireworks AI and Nebius compete in AI Infrastructure, targeting many of the same buyers. If you're evaluating one, you should be looking at the other.

Bottom Line

It's close. Both Fireworks AI and Nebius are strong players, and picking a winner depends on what you're looking for. Check each profile for the full picture.

Who Should You Watch?

This one's genuinely too close to call. Both companies are competitive, and the winner will likely come down to execution over the next 12-18 months. Follow both profiles on Awaira to track funding rounds, team changes, and score updates.

Deep Dive