Lovable surpassed $100 million in annual recurring revenue (ARR) in just 8 months. Faster than OpenAI, Cursor, Wiz, and all other software companies in history. Lovable recently released a game-changing update that reduced the error rate by 91%. Anton Osika (co-founder of Lovable) introduces Lovable Agent:

The old version of Lovable helped grow from $1 million to $100 million in annual recurring revenue (ARR). This update aims to reach $1 billion.

Lovable can now think, take action, and adjust its plans while processing your requests. Previously, it solved your requests through a linear process; now it works in a loop until completion. Reason:

Old version of Lovable: Trying to accomplish everything in a single step.

New version of Lovable Agent: Works like a real developer by breaking down problems, exploring the codebase, and making edits. After making edits, it checks the results, reevaluates the approach, and continuously improves until completion.

It can access "tools" to take action between thinking steps: - Read and edit files - Web search, such as finding API documentation - Image generation - Read and debug logs - Query databases and analyze And this is just the beginning.

By reducing errors by 91% and being more autonomous, Lovable should make you feel like you're working with a seasoned developer. In fact, it can now handle more ambitious requests, making it easier to build serious products.

Lovable's mission is to create the last software and transform 1 billion people into builders. Lovable has built a lean team of only 45 people, with each employee generating an average annual revenue of $2.2 million. Becoming the fastest-growing and most ambitious company in Europe has always been their competitive advantage.

Clients have established serious businesses on Lovable: Caio Moretti -> Earned $3 million in revenue within 48 hours through a product built on Lovable. Jameel -> His restaurant owner product reached $90,000 in annual recurring revenue.

Most Lovable users do not understand programming or building applications. This is exactly what excites Anton Osika (co-founder of Lovable) the most. You just need to have a conversation with Lovable to build your first website or application.

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