Meta strategy chief quits to join four-year-old AI startup, says it’s ‘right mission’
Dave Wehner has made waves by leaving Meta to become the chief financial officer at Fireworks, an innovative AI startup. He conveyed enthusiasm for Fireworks' vision and growth potential in the AI sphere. Known for its specialized AI model-training services, Fireworks is gearing up for significant expansion, and Wehner's expertise from Meta is anticipated to guide this journey.
Dave Wehner, Meta's chief strategy officer and former CFO, has departed the social media giant to assume the role of CFO at AI startup Fireworks, according to a post on X. In his statement, Wehner expressed his belief that Fireworks' mission is the "right one for the moment." He praised the startup's technical talent and practical approach to meeting customer needs.
Wehner, who joined Meta in 2012, served as CFO from 2014 to 2022 before becoming the chief strategy officer. In a statement to CNBC, Meta COO Javier Olivan praised Wehner's contributions, highlighting his role in guiding the company through rapid growth and complexity over 14 years. Fireworks, founded in 2022 by former Meta and Google employees, provides AI inference and model-training services based on open-source AI models.
The company valued at $17.5 billion following a Series D funding round in July. As CFO at Fireworks, Wehner will oversee the company's finances and operations as it seeks to expand further in the competitive AI market.
Written by urgent.news from Times of India's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
