AI inference startup Fal doubles its valuation to $16B as demand surges

Plus more of TechCrunch's top stories this afternoon

View this email online in your browser  November 03, 2026 TechCrunch Top 3 AI inference startup Fal doubles its valuation to $16B as demand surges: The five-year-old startup raised a $1.3 billion round led by Bessemer. Read More Ferrari’s controversial Luce EV is sold out for 2027: The Luce, Ferrari's first electric car and one of its most polarizing models, is "fully allocated" through 2027, according to CEO Benedetto Vigna. Read More Netflix's new AI Discover tab helps you find something to watch based on your mood: The first experimental feature under the tab will allow users to get recommendations based on what they're currently in the mood for. Read More A message from Baker Tilly Value in AI-driven markets, grounded in what sets you apart. Understand where your competitive edge creates value and how to strengthen it as investors become more selective and AI reshapes the investment landscape. Explore lifecycle strategies Go Beyond the Bay Area, Join Us at Founder Summit At TechCrunch Founder Summit on November 4 in Boston, you can deepen your expertise on hiring, product market fit, pitching, founder leadership, and much more in a dynamic, intimate environment. Get ahead of the competition and show the world what the East Coast can build with a 25% discount using the code Daily25. Register Now Afternoon Must-Reads Data centers are turning to old jet engines as the wait for power grows: The years-long wait for access to the grid and new turbines is causing data center builders to turn to an unusual, less efficient and less environmentally friendly solution: once-discarded jet engines. Read More New York City's Mamdani criticizes Madison Square Garden owner over surveillance tech: The mayor's comments come after the entertainment giant's data breach last year, which exposed James Dolan's surveillance. Read More Google will let schools disable its AI tools, but not without sacrificing Search: Schools choosing to restrict AI altogether will no longer be able to access Google Search, as AI features are now integrated into the search engine. Read More CrowdStrike to shell out nearly $500M for 2 AI security startups as the market for securing agents takes off: CrowdStrike said it will buy Fiddler AI, which makes AI agent observability software, and Dreadnode, which helps companies automate AI security testing. Read More Researchers warned of North Korean hacking tactics years before record $6.3B Binance heist: Cybersecurity experts have long warned of the persistent and patient threat from North Korea's long-running hacks. The world's largest crypto exchange was still caught off-guard. Read More Last but Not Least Hiding inside Palantir's skyrocketing quarter is a foreboding signal: Palantir's U.S. commercial revenue surpassed U.S. government revenue for the first time ever. Read More Check out some of our other newsletters: StrictlyVC TechCrunch Events TechCrunch Mobility Want to adjust your daily newsletter schedule? You can do it right here Got a tip? Get in touch securely. Want to advertise on TechCrunch? advertise@techcrunch.com Has this been forwarded to you? Click here to subscribe to this newsletter. Unsubscribe Member Center Privacy Policy Copyright © 2026 TechCrunch Media LLC 501 2nd Street, Suite 650, San Francisco, CA 94107

Anthropic warns that it's very close to RSI capability, aka self-building AI

Plus more of TechCrunch's top stories to start your morning

View this email online in your browser  November 03, 2026 TechCrunch Top 3 Anthropic warns that it's very close to RSI capability, aka self-building AI: RSI is the point at which AI grows so good at training itself that it spawns a dramatic acceleration of AI capabilities. To the AI doomers, RSI represents the cataclysm from which there is no return. Read More The TechCrunch Founder Summit agenda is only half the reason to be in Boston on Nov. 4: On Nov. 4, TechCrunch Founder Summit 2026 brings founders and VCs to Boston's SoWa Power Station for practical insights and connections. Register before prices increase at the door. Read More Google takes Dreambeans to India in bid to bring AI-generated personal stories to the masses: Google's Dreambeans, its latest AI experiment, now supports 13 Indian languages. Read More A message from NVIDIA and Microsoft Explore NVIDIA events at Microsoft Ignite. Take advantage of all NVIDIA has to offer at Microsoft Ignite, in San Francisco and online November 17–20. With booth sessions and hands-on demos, exclusive networking and meeting opportunities, and a host of practical labs and panels, NVIDIA is your comprehensive destination for learning, connecting, and accelerating the AI experience. Register now Go Beyond the Bay Area, Join Us at Founder Summit At TechCrunch Founder Summit on November 4 in Boston, you can deepen your expertise on hiring, product market fit, pitching, founder leadership, and much more in a dynamic, intimate environment. Get ahead of the competition and show the world what the East Coast can build with a 25% discount using the code Daily25. Register Now Morning Must-Reads Apple restricts dating apps and AI companions to users 18 and up: Apple's new App Store rules will require 18+ ratings for dating apps and AI companions that offer sexual or romantic content. Read More Y Combinator's Garry Tan uses AI agents so much, he spends up to $200K a year on tokens: Y Combinator Garry Tan has jokingly admitted that he's suffered from "cyber psychosis” and barely sleeps sometimes because he’s so excited to be working with his AI agents. On a new episode of Walter Isaacson’s podcast, The Builders, Tan put a price tag on his passion. Read More Apple Watch's AI features for rewinding and recapping conversations begin beta testing: Now in beta: Apple's new Audio Intelligence features can help you remember what someone said or take notes on conversations. Read More Trajectory raises $45M to make AI model training accessible to nontechnical experts: The one-year-old startup is now valued at $300 million. Read More Yvonne Bajela is bringing $17M in fresh capital to Europe's startup scene: Evertrue Capital announces $17M debut fund to back early stage AI and fintech. Read More Last but Not Least Ukraine’s new pocket-sized gadget turns Russian drones’ cameras against them: A Kyiv startup’s pocket-sized, 10-ounce receiver lets Ukrainian troops watch the video feeds of Russian drones, though Russian moves toward digital video and AI-guided drones that emit no signals could make the victory short-lived. Read More Check out some of our other newsletters: StrictlyVC TechCrunch Events TechCrunch Mobility Want to adjust your daily newsletter schedule? You can do it right here Got a tip? Get in touch securely. Want to advertise on TechCrunch? advertise@techcrunch.com Has this been forwarded to you? Click here to subscribe to this newsletter. Unsubscribe Member Center Privacy Policy Copyright © 2026 TechCrunch Media LLC 501 2nd Street, Suite 650, San Francisco, CA 94107