Vibe-coding startup Lovable raises $330M at a $6.6B valuation

Apple has announced a new developer agreement that allows the company to collect any outstanding payments owed by developers at any time, effectively positioning itself as a debt collector. This move has raised concerns among developers regarding financial autonomy and the implications of such a policy.

ChatGPT has achieved a significant milestone, reaching $3 billion in lifetime mobile consumer spending within just 31 months, outpacing other popular apps like TikTok and major streaming services. This rapid financial growth highlights the app's increasing adoption and user engagement in the mobile market.

Two 21-year-old dropouts have successfully raised $2 million to establish Givefront, a fintech company tailored specifically for nonprofits, including food banks, churches, and homeowner associations. This initiative is backed by Y Combinator, highlighting the growing interest in innovative financial solutions for the nonprofit sector.

European AI startup Lovable has successfully raised $330 million in a Series B financing round, resulting in a valuation of $6.6 billion. This significant funding marks a pivotal moment for the company, positioning it as a leader in the AI sector and reflecting its rapid growth in the competitive landscape.

Luma AI has launched a new AI model that enables users to generate videos by specifying a start and end frame, available through its Dream Machine platform. This innovative tool is expected to enhance user creativity and streamline video production processes.