Lovable Raises $330 Million, Valuation Triples in Five Months
Swedish vibe coding startup Lovable raised $330 million in Series B funding at a $6.6 billion valuation, reflecting rapid growth driven by AI-powered app development.
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Swedish vibe coding startup Lovable raised $330 million in Series B funding at a $6.6 billion valuation, reflecting rapid growth driven by AI-powered app development.
Amazon appointed AWS veteran Peter DeSantis to head a new AI group managing Nova models, custom chips, and quantum computing as it deepens its AI strategy.
A proposed class-action lawsuit claims Adobe trained its SlimLM AI model on pirated books, adding to mounting legal pressure over copyrighted data used in AI systems.
Databricks secures $4 billion in Series L funding at $134B valuation, fueling AI product growth, Lakebase database development, and enterprise AI agent deployment.
Biotech startup Chai Discovery raised $130 million in a Series B round at a $1.3 billion valuation to advance AI-driven drug discovery.
The Trump administration launched the U.S. Tech Force, a 1,000-person engineering corps to support AI and other tech projects across federal agencies.
Thrive Capital appointed former Palantir executive Jim Siders as CEO of Shield Technology Partners, its AI-focused IT services platform.
OpenAI enhances AI cybersecurity capabilities with safeguards, trusted access programs, and collaborations to empower defenders and mitigate misuse risks.
TIME Magazine selected the CEOs driving the global AI race as its 2025 Person of the Year, highlighting their impact on technology, policy, and geopolitics.
Harness secures $240M to scale its AI DevOps agents, knowledge-graph automation, and global engineering teams as rising AI code volume intensifies demand for after-code testing, security, and deployment automation.
Surf has raised $15M led by Pantera to develop Surf 2.0, expand its enterprise AI crypto research tools, and scale its specialized multi-agent analysis platform used by major exchanges.
OpenAI has named former Slack CEO Denise Dresser as chief revenue officer to drive enterprise revenue growth and expand its business customer base.