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2 weeks ago | 
share.google | Kate Clark |Mark Bergen
Lovable, an AI startup that streamlines software development, is in talks for a large funding round that would make it one of Europe’s biggest artificial intelligence newcomers. The Swedish startup has held discussions with US investors to raise at least $100 million at a valuation of $1.5 billion or higher, according to people familiar with the matter. The talks are early and the terms could change, said the people, who asked not to be named because the information is private.
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2 weeks ago | 
news.bloombergtax.com | Kate Clark |Mark Bergen
XYour Choices Regarding Cookies and IdentifiersWe and our 150 third party partners use cookies and similar technologies ("Cookies") and hashed identifiers (e.g., a hashed version of your name, email address or phone number) to help us identify you on our site and third-party sites and to process certain information, such as your IP address and digital identifiers, to analyze site usage and provide you with relevant advertisements and content.
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2 weeks ago | 
news.bloomberglaw.com | Kate Clark |Mark Bergen
Lovable, an AI startup that streamlines software development, is in talks for a large funding round that would make it one of Europe’s biggest artificial intelligence newcomers. The Swedish startup has held discussions with US investors to raise at least $100 million at a valuation of $1.5 billion or higher, according to people familiar with the matter. The talks are early and the terms could change, said the people, who asked not to be named because the information is private.
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2 weeks ago | 
bloomberg.com | Kate Clark |Mark Bergen
Lovable’s technology allows people without any programming knowledge to build apps and websites. (Bloomberg) -- Lovable, an AI startup that streamlines software development, is in talks for a large funding round that would make it one of Europe’s biggest artificial intelligence newcomers. The Swedish startup has held discussions with US investors to raise at least $100 million at a valuation of $1.5 billion or higher, according to people familiar with the matter.
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2 weeks ago | 
flipboard.com | Kate Clark |Mark Bergen
NowInformation overload is real. Every day brings another course to buy, another book to read, another skill you "should" be learning. You save articles you'll never revisit. You watch tutorials you never apply. You're learning everything and mastering nothing. Pat Flynn, author of new book Lean …
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3 weeks ago | 
news.bloombergtax.com | Kate Clark |Shirin Ghaffary
XYour Choices Regarding Cookies and IdentifiersWe and our 150 third party partners use cookies and similar technologies ("Cookies") and hashed identifiers (e.g., a hashed version of your name, email address or phone number) to help us identify you on our site and third-party sites and to process certain information, such as your IP address and digital identifiers, to analyze site usage and provide you with relevant advertisements and content.
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3 weeks ago | 
bloomberg.com | Kate Clark |Shirin Ghaffary
A symbol for the OpenAI virtual assistant on a smartphone, arranged in Riga, Latvia, on Friday, Aug. 16, 2024. The public release of advanced generative AI tools such as Google’s Gemini, Meta AI, and OpenAI’s ChatGPT over the past two years has heightened fears that millions of workers could be displaced. (Bloomberg) -- Two and a half years ago, Liam Fedus was part of the team that helped create ChatGPT and kicked off a frenzy around artificial intelligence.
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3 weeks ago | 
bloomberg.com | Rachel Metz |Kate Clark
Anysphere’s program, Cursor, includes an AI-infused code editor that can analyze a programmer’s actions and suggest additional lines of code. (Bloomberg) -- The artificial intelligence rush has enabled some small startups to grow very big very quickly. But by some estimates, none have grown as fast as Anysphere Inc., maker of the popular AI coding assistant Cursor, which has surpassed $500 million in annualized revenue, the company said.
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1 month ago | 
mercurynews.com | Kate Clark |Katie Roof
By Kate Clark and Katie Roof, BloombergThere’s a crisis brewing for the next generation of venture capitalists. While Silicon Valley heavyweights like Sequoia Capital and Andreessen Horowitz are still able to bring in big checks, up-and-coming VCs are finding fundraising increasingly difficult. Hundreds of small firms — which make up the majority of the VC industry — are struggling to raise money in the current market.
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1 month ago | 
news.bloomberglaw.com | Kate Clark |Katie Roof
There’s a crisis brewing for the next generation of venture capitalists. While Silicon Valley heavyweights like Sequoia Capital and Andreessen Horowitz are still able to bring in big checks, up-and-coming VCs are finding fundraising increasingly difficult. Hundreds of small firms — which make up the majority of the VC industry — are struggling to raise money in the current market.
