Lovable signs multiyear Google Cloud deal for 5x usage increase
Original: Lovable signs multiyear deal with Google Cloud to up usage 5x, source says
Why This Matters
Major enterprise AI partnership demonstrates growing enterprise adoption of AI coding tools
Stockholm-based AI coding startup Lovable signed an expanded multiyear collaboration with Google Cloud involving a fivefold increase in cloud usage. The deal provides access to Anthropic's Claude and Google's Gemini models.
Lovable, a fast-growing Stockholm coding startup with $400 million in annualized revenue as of February, has expanded its Google Cloud partnership with a multiyear deal involving 5x increased usage. The agreement provides enhanced access to Anthropic's Claude AI model and Google's Gemini models. Lovable's new agent will be available through Google Cloud's enterprise marketplace, the Gemini Enterprise Agent Gallery. The company will also integrate with Wiz, Google's $32 billion acquisition that closed in March, for real-time security remediation. Lovable claims over half of Fortune 500 companies use its product and added $100 million in revenue in a single month with 146 employees. The deal helps support Google's $180-190 billion capital expenditure plans.