Stockholm-based AI coding startup Lovable reaches $400M in ARR, up from $300M in January; rival Cursor hit $2B in annualized revenue in February, per a source (Bloomberg)

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Bloomberg: Stockholm-based AI coding startup Lovable reaches $400M in ARR, up from $300M in January; rival Cursor hit $2B in annualized revenue in February, per a source - Swedish startup Lovable has hit $400M in annual recurring revenue, as companies and users flock to artificial intelligence tools …