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FireworksSecondary report

Meta's chief strategy officer Dave Wehner leaves to become CFO of Fireworks

Wehner, Meta's finance chief from 2014 to 2022, announced on X that he is joining Fireworks, an AI inference and model training platform. CNBC says Fireworks was valued at $17.5 billion in a July funding round, and that Business Insider reports early talks at $30 billion to $40 billion.

Why it matters: Inference platforms are hiring big-company finance leaders as they raise at much higher valuations.

Sources: cnbc.com

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