Lin Qiao: Are OpenAI and Anthropic Overvalued? The Open-Source AI Reality | How Token Costs Will Fall 10x And Usage Will Explode 100x | The Future Is Not One AGI; It's Millions of Specialised Models

Lin Qiao is the Co-Founder and CEO of Fireworks AI, the leading specialized intelligence and AI inference platform that last week raised $1.5BN at a $17BN valuation. With just 200 people, the company has hit $1BN in ARR and expects to reach $2BN before the end of the year. Prior to Fireworks, Lin spent several years at Meta, including on the founding team of PyTorch.

AGENDA:

• Why Did Fireworks Bet on Inference When Everyone Else Was Chasing Training?

• Can Open-Source Models Turn AI Infrastructure into a Commodity?

• Should Enterprises Trust Chinese Open Models With Their Most Sensitive Data?

• Will Model Progress Keep Moving This Fast—or Are We Nearing a Plateau?

• Will the Multi-Model World Create a $100BN Routing Layer?

• How Much Will AI Token Usage Explode Over the Next Two Years?

• Will Token Costs Fall 10x—and Unleash 100x More Demand?

• Does Fireworks Eventually Have to Build Its Own Data Centres?

• What Is the Real Bottleneck Holding Back the AI Economy?