Lovable Hits $400M ARR With 146 Employees
Swedish AI app builder Lovable crossed $400 million in annual recurring revenue in February, adding $100 million in a single month with a headcount that wouldn't fill a mid-sized office.
Funding
Thinking Machines Lands Gigawatt Compute from Nvidia
Nvidia commits a gigawatt of Vera Rubin chips to Mira Murati's startup, a supply the FT values at tens of billions of dollars, alongside an undisclosed cash investment.
Legal AI Startup Legora Raises $550M, Hits $5.55B
Swedish legal AI platform Legora closes a $550M Series D led by Accel, tripling its valuation to $5.55B in five months on the back of rapid US expansion.
LeCun Raises $1B Seed to Build AI Beyond LLMs
Yann LeCun's AMI Labs closes a $1.03 billion seed round at a $3.5 billion valuation, betting that world models - not large language models - will define the next era of AI.
Nscale Closes $2B to Build Europe's AI Backbone
Nscale raises the largest Series C in European history, valuing the company at $14.6 billion and funding a 100,000-GPU AI gigafactory in Norway with OpenAI as anchor customer.
Nvidia Rules Out $100B OpenAI Bet as IPO Nears
Jensen Huang confirmed Nvidia's $30B OpenAI investment will likely be its last direct equity stake, killing the $100B pledge as OpenAI races toward a public listing at a $730B valuation.
