TL;DR: As generative media took off in 2022-2023, Fal.ai pivoted to an inference-as-a-service API for image, video, and audio models that optimized for speed and ease of use over raw compute. Sacra estimates Fal.ai hit a $95M revenue run rate in July 2025, up from $25M at the end of 2024. For more, check out our full report and dataset on Fal.ai...