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Lovable AI Hits $100M In Record Time And Launches AI Agent Chasing $1B
Lovable AI Hits $100M In Record Time And Launches AI Agent Chasing $1B

Forbes

timea day ago

  • Business
  • Forbes

Lovable AI Hits $100M In Record Time And Launches AI Agent Chasing $1B

Lovable sets its target on 1 Billion in revenue with new AI Agent. I remember staying up late in my early career, debugging code line by line, painstakingly stitching software together with the help of nothing more than a keyboard, a terminal, and a lot of patience. Back then, every semicolon mattered. Every build felt like a victory. Fast forward to today, I'm still building, but now I'm working with the help of AI teammates like Lovable, GPT-4o, and aiXplain. This is a new era of creation—faster, more collaborative, and more accessible. It's not traditional programming, it's vibe coding. And the market is exploding. According to Grand View Research, the AI code tools market, was valued at $4.86 billion in 2023 and is expected to grow to $26 billion by 2030, at a compound annual growth rate (CAGR) of just under 30%. With developers and non-developers alike embracing AI agents to automate, iterate, and build entire applications, this space is becoming one of the hottest frontiers in applied artificial intelligence. ROI for AI is starting to become important. In the middle of this momentum, one company has broken away from the pack. Lovable just crossed $100 million in annual recurring revenue, only eight months after launch. That pace puts it ahead of OpenAI, Cursor, Wiz, and virtually every other software company in recent memory. Loveable has grown its AI coding assistant business to $100M, which is the fastest growth of all AI ... More companies to date. Now, Lovable is taking a bold next step. Today, the company launched Lovable Agent, an upgrade that reduces error rates by 91 percent and enables deeper, more complex interaction between humans and machines. If the original version took Lovable from $1 million to $100 million, this new version could very well be the leap that takes it to $1 billion. From Straight-Line Automation to Iterative AI Agent Intelligence Lovable began as a simple, powerful AI assistant capable of helping users ship products quickly. But it worked in a linear way, solve the task in one go and move on. Lovable Agent redefines that logic. It operates like a senior developer, breaking tasks into steps, examining codebases, making targeted edits, reviewing outcomes, and refining its strategy until the goal is achieved. This iterative loop brings resilience and flexibility into the workflow. It doesn't just answer; it reasons, adapts, and continues until the job is done. The Lovable AI Developer loop for their new AI Agent The agent is also backed by a growing library of tools. It can read and edit files, search the web for documentation, debug logs, generate and interpret images, and run analytics queries. These tools enable Lovable to move beyond traditional prompt-and-response experiences and into full-stack software building. Real Impact, Real Revenue For The Lovable AI Agent The shift isn't just architectural, it's transformational. With drastically fewer errors and broader autonomy, Lovable Agent opens up new possibilities for users who want to build more sophisticated products. The platform can now handle projects that previously would have required a team of engineers. That shift is already being felt by customers. One entrepreneur, Caio Moretti, generated $3 million in revenue in just 48 hours with a product built on Lovable. Another user, Jameel, built a tool for restaurant owners and reached $90,000 in annual recurring revenue. Both cases underscore a broader trend: builders without traditional coding backgrounds are using AI agents to create real businesses. Most Lovable users don't know how to code. That's by design. With Lovable, you describe what you want in plain language, and the AI builds it. It's not coding. It's creating. The Business Behind the Build of the AI Agent Internally, Lovable is remarkably lean. Just 45 employees are generating $2.2 million per person in annual revenue. The company's vision is to build the last piece of software needed to enable a billion people to become creators. By simplifying development and supercharging productivity, it's positioning itself as a core layer in the future of software. Anton Osika is the co-founder and CEO of Lovable, for the AI Agent This kind of velocity is rare, especially in Europe, where Lovable is based. But it's also a reminder of the power of clarity, product focus, and aggressive execution. AI Competitive Landscape and the Road Ahead Lovable isn't alone in this race. OpenAI's GPT-4o, GitHub Copilot, and Cursor are building in the same space. AIxplain, another rising competitor, offers an end-to-end platform that allows users to design, build, and deploy AI pipelines, essentially democratizing access to customized agents and intelligent automation. Replit is investing heavily in its Ghostwriter agent. And newer players like MultiOn and Cognosys are pushing boundaries in full-agent autonomy and tool-based orchestration. And big tech is getting into the game too. On July 23, 2025, Microsoft announced a wave of AI-focused upgrades at Build, positioning Windows 11 as a full-fledged development platform for intelligent apps. Key among them was Windows AI Foundry, which enables local AI capabilities and turns every Windows machine into an agent-building environment. Microsoft also introduced pro-code enhancements in Copilot Studio, including new SDKs and BYO-model support, empowering developers to create enterprise-grade agents. Meanwhile, GitHub Copilot evolved from a code assistant into a true AI coding agent—capable of cloning repos, fixing bugs, adding features, and documenting code autonomously. The market is getting crowded, and fast. Still, Lovable has a few advantages. First-mover momentum. A sharply executed product. A viral go-to-market strategy. And a growing library of success stories. But there are headwinds too. As agent frameworks mature, the lines between platforms begin to blur. Much of the technology stack, including language models, APIs, and toolchains, is not proprietary. To stay ahead, Lovable will need to build defensibility in the form of network effects, ecosystem integrations, proprietary data, and community loyalty. There's also the challenge of trust. As these systems gain autonomy, reliability becomes a core concern. For enterprise customers especially, confidence in consistency, compliance, and explainability will be non-negotiable. What Comes Next For Lovable And The AI Agent Lovable's new release is more than an update, it's a bet. A bet that agents are the next frontier of software, and that building things with AI should feel like a conversation, not a coding exercise. To support new users, the company is offering $100 in credits along with a 16-page prompt engineering guide. It's an open invitation. Take a weekend, explore vibe coding, and build your first product. Lovable may have started as a fast-growing tool. But with Lovable Agent, it's making the case to be something far more ambitious, a foundational platform for the future of building. Did you enjoy this story about Lovable's AI success and AI Agent? Don't miss my next one: Use the blue follow button at the top of the article near my byline to follow more of my work.

Buy 5 Big Data Behemoths to Strengthen Your Portfolio in 2H 2025
Buy 5 Big Data Behemoths to Strengthen Your Portfolio in 2H 2025

Globe and Mail

time3 days ago

  • Business
  • Globe and Mail

Buy 5 Big Data Behemoths to Strengthen Your Portfolio in 2H 2025

Big Data refers to a vast and diverse collection of structured, unstructured and semi-structured data that inundates businesses on a day-to-day basis. The big data space focuses on companies that process, store and analyze data, and provide data mining, transformation, visualization and predictive analytics tools. Here, we have selected five such companies — HubSpot Inc. HUBS, Dell Technologies Inc. DELL, Adobe Inc. ADBE, Microsoft Corp. MSFT and Intel Corp. INTC. These stocks hold strong potential in the second half of this year. Each of our picks carries either a Zacks Rank #1 (Strong Buy) or 2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here. Utility of Big Data Big Data is utilized in advanced analytics applications like predictive modeling and machine learning to solve business problems and make informed decisions. The latest high-end digital mobility advancements, including the Internet of Things (IoT) and artificial intelligence (AI), have led to a rapid growth in data. Consequently, new big data tools have emerged to collect, process, and analyze data to derive maximum value out of it. Big data offers corporations better decision-making and risk management abilities. It has also increased agility and innovation, making operations more efficient and effective in improving customer experiences. The chart below shows the price performance of our five picks in the past month. HubSpot Inc. Zacks Rank #1 HubSpot provides a cloud-based customer relationship management platform for businesses in the Americas, Europe, and the Asia Pacific. HUBS is witnessing steady multi-hub adoption from enterprise customers in the premium market. Pricing optimization in HUBS' starter edition is leading to solid client additions in the lower end of the market. The integration of HubSpot AI, which includes state-of-the-art features, such as AI assistance, AI agents, AI insights and ChatSpot, is driving more value to customers. HUBS' seat pricing model lowers the barrier for customers to get started with its business and mitigates pricing friction for upgrades. The growing adoption of inbound applications is a tailwind. HubSpot has an expected revenue and earnings growth rate of 15.4% and 15%, respectively, for the current year. The Zacks Consensus Estimate for current-year earnings has improved 0.1% in the last 60 days. Dell Technologies Inc. Dell Technologies has been benefiting from strong demand for AI servers driven by ongoing digital transformation and heightened interest in generative AI applications. In the last reported quarter, DELL secured $12.1 billion in AI server orders, surpassing shipments and building a strong backlog. DELL's PowerEdge XE9680L AI-optimized server is in high demand. Strong enterprise demand for AI-optimized servers is aiding the company. A robust partner base, which includes the likes of NVIDIA, Google and Microsoft has been a major growth driver. DELL is expanding its cloud services through its infrastructure solutions and rich partner base that provides essential hardware and services that support cloud environments. Through its APEX platform, DELL provides multi-cloud solutions and advanced AI infrastructure, which have become the key highlights of its offerings. Dell Technologies has an expected revenue and earnings growth rate of 8.8% and 16.2%, respectively, for the current year (ending January 2026). The Zacks Consensus Estimate for current-year earnings has improved 0.2% over the last seven days. Adobe Inc. Zacks Rank #2 Adobe has extensively implemented AI applications across its flagship products, such as Photoshop, Illustrator, Lightroom, and Premiere. Earlier this year, ADBE introduced generative AI-driven Adobe Firefly. Moreover, Adobe Acrobat and Reader AI Assistant help users summarize documents and answer questions, saving time and helping them accomplish tasks faster. Using its new AI-driven cloud-based platform, ADBE is also diversifying into digital marketing services, offering data mining services that help businesses measure page views, purchases and social media sites. Adobe Marketing Cloud enables marketers to deliver personalized web experiences across multiple devices, manage multichannel campaigns and optimize media monetization. ADBE has launched Adobe Express, an application for quick editing effects. Leveraging generative AI, this tool is useful for short-form video content like Instagram Reels. Adobe also launched an AI-based Express app for iOS and Android. Adobe has an expected revenue and earnings growth rate of 9.5% and 11.8%, respectively, for the current year. The Zacks Consensus Estimate for current-year earnings has improved 1.2% in the last seven days. Microsoft Corp. Zacks Rank #2 Microsoft capitalizes on AI business momentum and Copilot adoption alongside accelerating Azure cloud infrastructure expansion. Strong Office 365 Commercial demand has been propelling Productivity and Business Processes revenue growth notably. ARPU increases through E5 and M365 Copilot uptake across key segments. MSFT's Intelligent Cloud revenues advance through Azure AI development and AI Copilot business growth. MSFT's strategic execution has been enhancing non-AI services through enterprise customer growth and operational scale improvements. Xbox content and services benefit from robust performance across third-party and first-party content offerings. We expect MSFT's fiscal 2025 net sales will increase 13.7% compared to fiscal 2024. Microsoft has an expected revenue and earnings growth rate of 12.4% and 11.8%, respectively, for the current year (ending June 2026). The Zacks Consensus Estimate for current-year earnings has improved 0.1% over the last 30 days. Intel Corp. Zacks Rank #2 Intel is undertaking various strategic decisions to gain a firmer footing in the expansive AI sector. INTC's latest Intel Core Ultra features a neural processing unit that enables power-efficient AI acceleration, with 2.5 times better power efficiency than the previous generation. Increasing complex AI workloads in data centers are driving demand for Intel Xeon 6 processors. INTC has made significant strides in its cost-cutting plan to rebuild a sustainable growth engine. Direct funding from the U.S. Department of Commerce for INTC's commercial semiconductor manufacturing projects will likely pave the way for innovation and growth. INTC's effort to optimize the portfolio with strategic divestiture is positive. Intel has an expected revenue and earnings growth rate of -4.3% and more than 100%, respectively, for the current year. The Zacks Consensus Estimate for current-year earnings has remained unchanged over the last 30 days. Zacks' Research Chief Names "Stock Most Likely to Double" Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest. This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%. Free: See Our Top Stock And 4 Runners Up Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Intel Corporation (INTC): Free Stock Analysis Report Microsoft Corporation (MSFT): Free Stock Analysis Report Dell Technologies Inc. (DELL): Free Stock Analysis Report Adobe Inc. (ADBE): Free Stock Analysis Report HubSpot, Inc. (HUBS): Free Stock Analysis Report

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