Meta's Dave Wehner departs to become CFO of AI startup Fireworks
Dave Wehner, Meta's chief strategy officer and former CFO, is leaving after 14 years to join Fireworks AI as chief financial officer. Fireworks, a four-year-old AI inference and model-training platform, was valued at $17.5 billion in a July Series D round backed by Nvidia, Sequoia and others.
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The hire suggests Fireworks is preparing for further growth and possibly another funding round, which Business Insider reports could value it at $30-40 billion. Wehner's move from a $1.56 trillion company to a much smaller startup indicates growing executive confidence in AI infrastructure firms as serious long-term bets, according to statements from both Wehner and Fireworks' CEO.
- Dave Wehner leaves Meta after 14 years to become Fireworks' CFO.
- Fireworks was valued at $17.5 billion in July and may seek a $30-40 billion valuation next.
- The move signals growing executive interest in AI infrastructure startups beyond Big Tech.
Source: cnbc.com — Megan Sauer, 2026-11-07
Published there as: “Meta chief strategy officer Dave Wehner leaves to join AI infrastructure startup Fireworks as CFO”
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