Keep pulling the thread on Lin Qiao.
In the future, it will be a requirement, not an option, for every company to own its own specialized intelligence.
In the current AI era, achieving product-market fit and building a durable business are two separate challenges, unlike in the SaaS era.
AI startups with product-market fit face the risk of 'scaling to bankruptcy' due to high operational costs.
The AI industry currently lacks an effective system designed to run very large models, such as those with 10 trillion parameters.
Open-source AI models are becoming approximately 90% as efficient as frontier models while being 15 times more cost-effective.
Harry Stebbings invested $10 million in Fireworks after a 15-minute meeting.
The cost of AI model tokens is predicted to decrease by 10x within the next 3 years.
A 10x reduction in token costs is expected to drive a 100x increase in usage.
Fireworks has no plans to move into the application layer of the AI stack.
The future of AI will be dominated by private, specialized intelligence models rather than general ones.
Fireworks processes more than 40 trillion tokens per day.
The majority of the 40 trillion daily tokens processed by Fireworks come from customized models, not off-the-shelf ones.