Lovable, a Swedish AI startup specializing in “vibe coding”—allowing app development through natural language prompts—has drawn investor interest valuing it at over $4 billion, just weeks Lovable, a Swedish AI startup specializing in “vibe coding”—allowing app development through natural language prompts—has drawn investor interest valuing it at over $4 billion, just weeks after raising $200 million at a $1.8 billion valuation. In just two years since launching its product in late 2024, the company has driven rapid growth with $100 million in annual recurring revenue and over 10 million projects built on its platform. Key backers include founders of Revolut, Klarna, and Slack. While Lovable’s momentum is impressive, concerns remain about profitability and AI’s impact on entry-level programming jobs.
Impact for Earners:
Developers may benefit from faster app-building tools, but entry-level coding jobs might shrink as AI takes over repetitive tasks.
Earnyx Takeaway:
Lovable’s valuation jump highlights how AI tools are reshaping the earning landscape—promising efficiency but also signaling shifts in job opportunities.
