Article
AI inference giant Fireworks, with annualized revenue of 1000000000 USD, has been hacked twice in a row, and major customers are starting to consider leaving.
Dongcha Beating AI news, AI inference and model training platform Fireworks has suffered two consecutive hacker intrusions. On November 9, the company admitted that some customers' billing information, datasets, and unfinished model weights had been accessed without authorization. Two customers interviewed by Forbes said they have already moved most of their business away from Fireworks.
The first intrusion occurred in early October. Hackers stole Fireworks' internal credentials and obtained API keys used by some customers for model evaluation. At the time, the company said it had not found that customer models and datasets had been accessed.
On October 24, hackers again entered Fireworks' research and development machines through a compromised third-party cloud service provider, ran unauthorized programs, and further affected customer data.
A customer interviewed by Forbes complained that the hacker attacks Fireworks has suffered are becoming more and more frequent, and communication with customers is also very poor. Some major customers who pay Fireworks millions of USD each year are considering switching suppliers.
Fireworks' annualized revenue had already reached 1000000000 USD in July this year, with a valuation of 17500000000 USD. The company originally planned to launch a new round of financing soon, with a target valuation possibly exceeding 30000000000 USD. Customer loss may put pressure on this financing.
Fireworks said the attackers may be related to black market operations that steal and resell large model usage quotas. At present, no impact has been found on core services such as online inference, and payment card numbers have not been leaked. The company has suspended some data upload and download functions and invited Unit 42, a subsidiary of cybersecurity company Palo Alto Networks, to assist in the investigation.
Original link https://m.theblockbeats.info/flash/376455