Robert Peston

It was only four months ago, it was only back in July that you mentioned that you got $100 million annual revenue run rate.

Now that's doubled.

You are, we understand, looking for funding.

You could have a $6 billion valuation.

Can you comment on how much you are needing to have yet further capital to finance this expansion?

Yeah, Caroline, I'm not here to talk about any fundraising that hasn't happened.

But what I can say is that the momentum is absolutely astounding and it's increasing.

There are 100,000 new projects built on Lovable every single day.

And what's growing even faster is how much traffic the meaningful applications and businesses built on Lovable are gathering.

We're seeing...

We're seeing 5 million visits to Lovable websites per day.

That doubled in just the last two months.

And some part of that is us building out and just reimagining how does the entire life cycle of building a software product look like.

We launched Lovable's cloud and AI offering two months ago.

And that has resulted in almost 30% of all the applications built having AI included, even though they're built without the software engineer.

They're built by the 99% who don't code and then starting to collaborate with engineers if they're being built in large companies in the same platform.

What are your costs?

Where are you having to spend more?

Is it talent?

Is it compute?