Jaeden Schafer

Before we get into that, I would love for you to try my new AI app and tool builder called AI box.

You can go check it out on AI box.ai.

You can

create any sort of tool or workflow, it will automatically link together multiple AI models will fill out a prompt with AI for you and have it automate different processes and workflows that you might do and create full tools.

There's lots of exciting things that we'll be doing with it in the future.

And in addition, we have a playground where you can try over 40 of the top models all for 20 bucks a month, you can build tools, try models, go check out AI box.ai.

All right, let's get into what's going on with lovable.

So this is a Swedish startup.

They have more than tripled their valuation in just five months, which I think really shows how much their investors are excited for this company.

It's based out of Stockholm, and they've just raised their Series B, which is $330 million.

It was led by Capital G and Menlo Ventures.

And like I mentioned, it has a $6.6 billion valuation.

Coastal Ventures, Salesforce Ventures, Databricks Ventures, all of those were in on this deal.

So you have all of the top tier investors.

This new round is only a few months after they raised a $200 million Series A round in July that gave them a $1.8 billion valuation.

And now they're already at a $6.6 billion valuation.

I think one of the earliest startups to really capitalize on AI boom was Lovable.

They had a platform that let you build software and complete applications using text prompts.

Now,

When they first started, when I first started using lovable, it wasn't very good at building actual tools that could complete tasks.