Meta Chief Strategy Officer Dave Wehner Joins AI Startup Fireworks as CFO

Dave Wehner, Meta's current chief strategy officer and former CFO, is departing the social media giant to join Fireworks, a four-year-old AI infrastructure startup. Wehner will take on the role of Chief Financial Officer at Fireworks, where he aims to scale financial operations as the company expands its platform for customizing and running open AI models. Fireworks, founded in 2022 by former Meta and Google employees, is experiencing rapid valuation growth. Following a $17.5 billion valuation in July, reports suggest the startup is in early discussions for a new funding round that could value the company between $30 billion and $40 billion. The move highlights the intense competition for talent as established tech leaders transition into the burgeoning AI infrastructure sector.

By Megan Sauer · CNBC ·

Meta Chief Strategy Officer Dave Wehner Joins AI Startup Fireworks as CFO

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Topics: AI Startup CFO Appointment Executive Departure Meta Platforms Inc.

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