Dave Wehner joins AI startup Fireworks as chief financial officer
Dave Wehner announces he will leave Meta to become chief financial officer of Fireworks, an AI infrastructure startup. The move was disclosed on 7 Nov 2026. Fireworks, founded in 2022 by former Meta and Google staff, is valued at $17.5 billion after its July Series D round. Its platform enables developers to customize and run open AI models for business use. At the time of the announcement, Meta’s market capitalization stood at about $1.56 trillion. Wehner previously served as Meta’s CFO from 2014 to 2022.
Key facts
- Fireworks’ Series D funding in July lifted its valuation to $17.5 billion.
- The startup was created in 2022 by ex‑Meta and ex‑Google staff.
- Its service allows businesses to tailor and operate open AI models.
- Meta’s market value was roughly $1.56 trillion when the move was announced.
- Wehner held Meta’s CFO role for eight years, from 2014 to 2022.
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Why it matters
The hire signals growing talent flow into AI infrastructure firms.
What changed
First published from CNBC