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)

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 $400 million in annual recurring revenue, as companies and users flock to artificial intelligence tools …