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📂 **Category**: AI,Startups,Anthropic,google cloud,Lovable
✅ **What You’ll Learn**:
Lovable and Google announced an expanded multi-year collaboration on Wednesday. Lovable, a fast-growing biocoding startup in Stockholm, has been a long-time user of Google Cloud. Under the new agreement, it will be much bigger.
While the companies did not disclose a dollar figure, a person familiar with the deal told TechCrunch that it includes a five-fold increase in Lovable’s footprint on Google Cloud, including the use of artificial intelligence. This person tells us that as part of the deal, Lovable will get expanded access to both Anthropic’s Claude — an AI model widely used for programming tasks — and Google’s Gemini models.
The humanitarian piece in particular is interesting. Google invested $10 billion in Anthropic in cash and computing credits in April, promising another $30 billion if Anthropic hits certain performance goals. It made this investment at a valuation of $350 billion — just one month before Anthropic raised a stunning $65 billion round that valued the company at nearly $1 trillion. This deal will help Anthropic achieve these goals, as Lovable is one of Europe’s fastest-growing startups ever. According to Lovable, its annual revenue surpassed $400 million in February, after adding $100 million in one month with just 146 employees. The company claims that more than half of the Fortune 500 companies use its products in some way.
The deal also integrates Lovable into several other parts of the Google ecosystem. The new Lovable agent will be available through Google Cloud’s enterprise agent marketplace, Gemini Enterprise Agent Gallery — an arrangement the two companies first teased at Google’s major US cloud conference in April. To help secure code written by both humans and customers, Lovable will integrate with Wiz, Google’s largest-ever acquisition at $32 billion, which officially closed in March, a year after it was announced. The integration will allow Wiz to identify and address security issues in real time.
By selling Lovable agents through Google’s marketplace, the cloud giant says purchasing and billing processes will be simplified for enterprises, making it easier for Lovable to attract more enterprise customers.
Google’s calculus is simple enough. If it can maintain its likable, humane growth by attracting deep-pocketed companies, revenues will help fund the $180 billion to $190 billion in capital expenditures Google plans to spend this year. The company is already selling a record $85 billion worth of stock to cover some of that, so there’s only another $100 billion or so left.
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