Sead Ahmetovic, founder and CEO of the IT-job platform We Are Developers-and even for decades programmer.
We are Developers / Getty Images, Collage: Dominik Schmitt / start -up scene

Lovable, Lovable, Lovable. Everyone overturns. With enthusiasm. And rightly. Because you haven't seen anything like this yet: unicorn after less than a year. $ 100 million Arr in just eight months.

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8 months after launch: Ki startup Lovable reaches Unicorn status

This grew the Swedish startup faster in sales than any other software company in history. Faster than open AI, cursor, slack and wiz.

Typically lousy, German skepticism

Now it is of course the typical-German-lousy way to ask: But does that also keep that? Is this success one for eternity?

Lovable would not have been possible without the preparatory work of Open AI, Anthropic and the other big AI companies. Because Lovabel does not have its own AI, but is based on voice models (LLMS) of others, those such as that of Chatgpt and specific programming frameworks.

Is that a problem? How sustainable is this if the core performance of a AI startup “only” is the orchestration of existing AI models?

In theory, one could recreate the Lovable product very quickly, someone recently wrote cheekily on LinkedIn. Is that true? And what does that mean for this and other AI startups of the same category? We spoke to Sead Ahmetovic about this, founder and CEO of the IT job platform We are Developers-and even for decades programmer.

Clever approach

Source: https://www.businessinsider.de/gruenderszene/special/kuenstliche-intelligenz-im-startup/sensation-lovable-wie-nachhaltig-ist-der-erfolg-der-neuesten-generation-von-ki-startups/

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