Tech
Lovable Expands Google Cloud Deal to 5x Usage, Boosts AI Capabilities
AI Summary
Lovable, a Stockholm-based startup, has signed a multi-year deal with Google Cloud to increase its usage fivefold, including expanded access to AI models like Anthropic's Claude and Google's Gemini.
The Expanded Partnership
Lovable and Google announced an expanded multi-year collaboration on Wednesday. Lovable, the fast-growing Stockholm vibe-coding startup, has long been a Google Cloud user. Under the new agreement, it will be a much bigger one.The Deal Details
While the companies did not disclose the dollar figure, a person with knowledge of the deal tells TechCrunch it involves a fivefold increase in Lovable’s footprint on Google Cloud, including AI usage. As part of the deal, this individual tells us, Lovable will gain expanded access to both Anthropic’s Claude — the AI model widely used for coding tasks — and Google’s own Gemini models.The Financial Impact
- Google invested $10 billion in Anthropic in cash and compute credits in April, promising another $30 billion if Anthropic hits certain performance targets.
- Anthropic raised a staggering $65 billion round that valued the company at nearly $1 trillion.
- Lovable crossed $400 million in annualized revenue in February, having added $100 million in a single month with just 146 employees.