Lovable, a Stockholm-based AI startup, has hit unicorn status just eight months after launching. The company, which simplifies website and app creation through natural language inputs, raised $200 million in a Series A funding round. This latest funding, led by Accel, values Lovable at $1.8 billion. The platform has attracted over 2.3 million active users, with 180,000 paying subscribers and $75 million in annual recurring revenue. Its rapid success comes with a lean team of just 45 employees and backing from notable investors, including the CEOs of Klarna, Remote, and Slack. With enterprise clients like Klarna and HubSpot already aboard, Lovable is expanding its vision to support full-scale business applications.

OpenAI has introduced a powerful new capability for its ChatGPT service—a cutting-edge AI agent designed to tackle complex tasks. This development places OpenAI ahead in the competitive AI landscape, backed by Microsoft’s support. These sophisticated agents integrate functionalities like web interaction and advanced multi-step task execution. Users on Pro, Plus, and Team tiers can activate this feature to handle nuanced requests, such as selecting wedding attire by factoring in dress codes and weather. The agent is equipped with a virtual computer and tools to connect with applications like Gmail and GitHub, enabling personalized and efficient task handling. With technology giants like Microsoft, Salesforce, and Oracle heavily investing in AI agents, this innovation underscores their strategic importance.

Meta CEO Mark Zuckerberg has announced plans to construct a data center nearly as large as Manhattan for AI development. The company intends to invest hundreds of billions of dollars in AI products, including a multi-gigawatt facility called Prometheus set to launch in 2026. Zuckerberg emphasized Meta’s strong advertising revenue as justification for the substantial expenditure. The tech giant is also actively recruiting top AI talent for its new Superintelligence Labs division. This ambitious project aims to solidify Meta’s position against competitors like OpenAI and Google. 

Thinking Machines Lab, a promising artificial intelligence company, has raised $2 billion in seed funding, setting a new record and valuing the firm at $12 billion. Spearheaded by former OpenAI CTO Mira Murati, the company’s leadership includes ex-OpenAI experts who contributed to projects like ChatGPT and AI safety. Backed by major investors such as Andreessen Horowitz, Nvidia, and AMD, the funding highlights the fierce competition in advancing AI technologies. Thinking Machines plans to develop multimodal AI capable of interacting with humans through conversation and vision, with its first product launch expected in the coming months. With an open-source focus and ambitious research goals, the company aims to impact both developers and the AI community.

The U.S. Department of Defense awarded contracts worth up to $200 million to four leading AI companies — Anthropic, Google, OpenAI, and xAI — to enhance its artificial intelligence capabilities. According to the DoD, this investment aims to tackle pressing national security priorities using advanced AI systems. Each company will develop AI agents for particular defense missions.

Elon Musk’s xAI introduced “Grok for Government,” granting U.S. agencies access to its AI models. OpenAI, previously awarded a similar contract, continues its role in deploying AI solutions for defense purposes. The initiative reflects the DoD’s shift toward adopting cutting-edge AI to strengthen strategic military advantages.