As Lovable hits $200M ARR, its CEO credits staying in Europe for its success

A CEIP study reveals that 87 of the top 100 Chinese AI researchers who were working in the US in 2019 continue their research at US universities or companies as of 2025. Despite some narratives from Silicon Valley executives portraying China as a competitor, the contributions of Chinese researchers remain significant in the US AI landscape.

Meta has achieved a significant legal victory by winning an antitrust case that could have compelled the company to divest its popular platforms, Instagram and WhatsApp. A federal judge ruled in favor of Meta, dismissing allegations from the Federal Trade Commission (FTC) that the company maintained an unfair monopoly. This ruling is seen as a pivotal moment for Meta, allowing it to retain its assets and potentially pursue new acquisitions in the tech industry.

Silicon Valley has increasingly pointed to rapid digital changes to counter government efforts aimed at regulating its power. The Federal Trade Commission (FTC), which filed a lawsuit against Meta five years ago, has faced challenges in keeping pace with the swift technological advancements that characterize the industry. This ongoing tension highlights the difficulties regulatory bodies encounter in addressing the complexities of modern technology and its implications for market competition.

Lovable, a Swedish artificial intelligence coding startup, has announced that it has achieved $200 million in annual recurring revenue. This milestone reflects the company's rapid growth and positions it to seek additional funding less than five months after its previous fundraising round. The achievement highlights Lovable's increasing prominence in the technology sector, particularly in AI-driven solutions for coding.

Tareq Amin is promoting Saudi Arabia as a prime destination for AI computing power, leveraging the country's oil wealth. His sales pitch has gained traction in Silicon Valley, where tech companies are increasingly seeking robust AI infrastructure. This initiative aligns with Saudi Arabia's broader strategy to diversify its economy and invest in technology sectors, moving away from its traditional reliance on oil revenues.