fal.ai
Serves image, video and audio models through an API for app builders.
- Revenue
- Reported to have doubled from $200M to $400M annualised in about five months (one outlet, 2026)
- Value
- In talks to raise $300M to $350M at about $8B (reported). An earlier round valued it above $4B (2025)
- Growth
- Reported annualised revenue growth from $200M to $400M in about five months
- Listed
- Private
Video and image models are one of the fastest-growing workloads for apps, and fal is a leading host for them.
The revenue figure comes from a single outlet and the new round is not confirmed closed.
Money coming in
Who pays fal.ai, and for what.
No customers of fal.ai mapped yet.
Money going out
Who fal.ai pays to do what it does.
No suppliers of fal.ai mapped yet.
Where it sits on the map
Competitors and neighbours
Designs the GPUs that train and run most big AI models, and the CUDA software they run on.
$89.0B data centre revenue in the quarter to July 2026 (fiscal Q2 2027), out of $96.2B total
Open profileMakes fast inference chips for running models, built around its own LPU design.
$3.5B in a 2026 round that followed its Nvidia licensing deal
Open profileMakes very large single-chip AI systems built for fast answers from models.
$510M in 2025, with $87.9M net income
Open profileGPU cloud that rents Nvidia systems to AI builders and to Microsoft.
About $760M annualised in 2025 (Sacra estimate)
Open profileHosts open models for app builders with a focus on fast responses, billed per token.
Company says more than $1B annual recurring revenue (Jul 2026). Sacra estimates about $800M annualised by May 2026
Open profileHosts and fine-tunes open AI models on rented GPUs for companies.
About $1B annualised (Sacra estimate, Feb 2026)
Open profileRuns the main hub where open models, datasets and demos are shared.
Annualised revenue above $150M, from one unofficial report. The company does not disclose revenue
Open profilePay-as-you-go GPUs and sandboxes for training jobs, AI inference and coding agents.
About $300M annualised (CEO, 2026, reported)
Open profileLets developers run AI models through an API. Now part of Cloudflare, feeding its Workers AI platform.
Bought by Cloudflare for $57.4M cash consideration, completed 1 Dec 2025
Open profileSources: ai2.work, cryptobriefing.com
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