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China Debuts Hybrid AI Chip as Lovable Nears Unicorn Status

Lovable, a Swedish AI-driven no-code platform, is targeting a $100 million funding round at a $1.5 billion valuation just six months after launch. It enables non-technical users to build production-grade apps via natural language, leveraging OpenAI, Gemini, and Anthropic models. With $60 M ARR, half a million users, and 85 % retention, Lovable is outpacing traditional dev tools.

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