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Lovable Expands Google Cloud Deal Fivefold, Deepening Ties to Google and Anthropic

Lovable and Google announced an expanded multiyear collaboration on Wednesday that increases Lovable’s Google Cloud usage by five times and adds access to Anthropic’s Claude and Google’s Gemini models.

TechCrunch
1 source·Jun 3, 6:56 PM·1m read
Lovable Expands Google Cloud Deal Fivefold, Deepening Ties to Google and Anthropicventureburn.com
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Lovable and Google announced an expanded multiyear collaboration on Wednesday that increases Lovable’s Google Cloud usage by five times and adds access to Anthropic’s Claude and Google’s Gemini models. A person with knowledge of the deal said the agreement does not disclose a dollar figure but involves a fivefold increase in Lovable’s footprint on Google Cloud, including AI usage.

Lovable will gain expanded access to both Anthropic’s Claude model, widely used for coding tasks, and Google’s Gemini models.

Google invested $10 billion in Anthropic in cash and compute credits in April and promised another $30 billion if Anthropic hits certain performance targets. Google made that investment at a $350 billion valuation. One month later, Anthropic raised a $65 billion round that valued the company at nearly $1 trillion.

Lovable crossed $400 million in annualized revenue in February after adding $100 million in a single month with 146 employees. The company said more than half of Fortune 500 companies use its product in some fashion. Lovable’s new agent will be available through Google Cloud’s Gemini Enterprise Agent Gallery.

U.S. cloud conference in April. Lovable will integrate with Wiz to identify and remediate security problems in real time. Google acquired Wiz for $32 billion, and the acquisition officially closed in March, a year after it was announced.

By selling Lovable’s agents through Google’s marketplace, the cloud giant said enterprise procurement and billing will be simplified, making it easier for Lovable to land more enterprise customers. Google plans to spend $180 billion to $190 billion in capital expenditures this year.

The company is already in the process of selling a record-breaking $85 billion in equity to cover some of that spending.

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