The Varosity AI GTM Report — Nov 03: Fal Doubles Its Valuation to $16 Billion

Tuesday, November 3, 2026. Fal doubled its valuation to $16 billion on demand for AI video, image and audio models. Reddit started testing ads in search as AI search squeezes its traffic. CrowdStrike is buying two agent-security startups, Palantir's commercial contracts got shorter, Anthropic's amended IPO filing showed compute taking a bigger share of revenue, and Anthropic researchers published a way to prove which model produced an output. Jack King on what each one means for revenue and go-to-market teams. Today's stories: Fal raises at a $16 billion valuation : $1.65 billion announced across Series E and F; Bloomberg reports about $1.3 billion in the Series F, led by Bessemer, and more than $800 million in annualized revenue. Fal · TechCrunch · Bloomberg Reddit tests ads in search : an initial test with select advertisers, days after warning that Google's AI search is cutting referral traffic. Reddit · TechCrunch CrowdStrike to buy Fiddler AI and Dreadnode : about $495 million combined per the WSJ (terms undisclosed by CrowdStrike), plus a new AI Kill Switch for agents. CrowdStrike · TechCrunch · SiliconANGLE Palantir's big quarter hides shorter contracts : revenue up 96% to $2.31 billion, but U.S. commercial contract value fell from Q2's record. Results came Monday; shares slipped Tuesday. CNBC · TechCrunch Anthropic's compute bill outpaces revenue : the S-1/A filed Monday shows $17 billion in Q3 revenue, with compute at 58% of revenue, up from 48%. TechCrunch · SEC filing Anthropic's FlashProve proves which model produced an output : open source research, not deployed at any lab. Anthropic · TechCrunch AI disclosure: this episode is AI-written and voiced by an AI host (Jack King) on Varosity.ai. Sponsored by Varosity.ai — one API and MCP server for 60+ AI video, image, voice and music models, every one at the provider's list price with no markup. Plans from $12/month or top up from $5; free daily credits to start. Connect your agent: https://varosity.ai/connect · Pricing: https://varosity.ai/pricing