- Lovable is reportedly in talks to raise $300 million, doubling its valuation from $6.6 billion to $13.2 billion.
- The funding round is expected to be led by Menlo Ventures, which recently launched a $3 billion fund.
- The startup has achieved a $500 million annualized revenue run rate and serves a variety of users, including large enterprises.
Meta’s AI Chips Set to Roll Out in September
Meta’s upcoming AI chips aim to cut GPU costs and adapt to evolving AI needs, starting production in September.
