Dave Wehner, who spent over a decade at Meta, is transitioning to Fireworks, an AI infrastructure startup valued at $17.5 billion. The move marks a significant shift as Wehner takes on the role of CFO, aiming to scale the company's financial and operational capabilities. Fireworks, founded in 2022 by former Meta and Google employees, specializes in AI inference and model-training platforms. Wehner expressed confidence in the startup's mission, highlighting its technical talent and customer-focused approach. The company has attracted major investors, including Nvidia and Sequoia Capital, and is reportedly in early talks for a potential $30 billion to $40 billion valuation.
November 7, 2026
Meta's CFO Joins AI Startup Fireworks
Dave Wehner, Meta's chief strategy officer, is leaving to become CFO of AI startup Fireworks.
Impact
The departure of a high-profile executive from Meta to an AI startup signals growing interest in the sector, potentially influencing market dynamics and investment trends.