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Fireworks, an Nvidia investment company, announced on Thursday that its annual revenue has exceeded US$1 billion, five times that of the same period last year

2026-07-16·newswire-us-stock-162239
Fireworks, an Nvidia investment company, announced on Thursday that its annual revenue has exceeded US$1 billion, five times that of the same period last year.

Fireworks, an Nvidia investment company, announced on Thursday that its annual revenue has exceeded US$1 billion, five times that of the same period last year. The company has just completed a US$1.5 billion round of financing, with a post-investment valuation of US$175 billion.

The company's CEO Qiao Lin revealed that the code development tool start-up Cursor previously contributed more than half of its revenue; now as more and more companies turn to open source models, the company's customer structure has diversified.

#Stocks #Nvidia #Earnings

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Fireworks, an Nvidia investment company, announced on Thursday that its annual revenue has exceeded US$1 billion, five times that of the same period last year

Fireworks, an Nvidia investment company, announced on Thursday that its annual revenue has exceeded US$1 billion, five times that of the same period last year. The company has just completed a US$1.5 billion round of financing, with a post-investment valuation of US$175 billion. The company's CEO Qiao Lin revealed that the code development tool start-up Cursor previously contributed more than half of its revenue; now as more and more companies turn to open source models, the company's customer structure has diversified.

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