Browsing: Venture Capital

Instinct’s AI assistant sent an email without approval and kept summarizing an inbox after access was revoked. Days later, investors valued it at $2.5 billion.

Stockholm’s Lovable raised $400 million at a $13.3 billion valuation, double what it was worth in December. The revenue growth behind it is real. The harder question is what happens to everyone selling software when describing an app is enough to build one.