The Varosity AI GTM Report

Fal doubles to $16 billion, Reddit tests search ads, CrowdStrike buys into agent security, Palantir's contracts get shorter, Anthropic's compute bill grows, and FlashProve aims to prove which model did the work.

Show Notes

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

What is The Varosity AI GTM Report?

Your daily ten-minute read on where AI meets go-to-market. Host Jack King breaks down the day's breaking AI news for sales, marketing, and revenue teams — generative video, voice and music models, AI agents, and the tooling that's reshaping how companies sell. Sponsored by Varosity.ai.