971: 90% of The World’s Data is Private; Lin Qiao’s Fireworks AI is Unlocking It

Lin Qiao, CEO of Fireworks AI, talks to Jon Krohn about how she builds effective models quickly, why coding agents can perform at the level of a junior engineer, and what she attributes to the success of Fireworks AI: True to its name, the company exploded into the AI industry with over $300 million secured in venture capital, as well as netting a further $250 million Series C funding. For Lin, many enterprises miss out by not being familiar with open models. Open models give a lot of control to the user, offering customizability and at a much lower price point. Listen to hear how Fireworks AI helps companies continue to save money through AI.

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In this episode you will learn:

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(01:19) All about Fireworks AI

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(24:16) Why companies need to take notice of open models

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(33:05) The commercial viability of slow-reasoning models

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(38:51) Fireworks AI’s approach to model performance evaluations