AI Coding Startup Lovable Passes $500 Million in Annualized Revenue
STOCKHOLM — The revenue chart inside Lovable’s office has a shape that most software founders only see in projections: a line doubling roughly every four months since the product’s launch.…
Toyota and Honda Sales in China Keep Falling as Local EV Brands Advance
GUANGZHOU — Toyota sold 102,300 vehicles in China in May, down 31.7% from a year earlier, a fourth consecutive monthly decline and an acceleration from April’s 25.4% drop. Honda fared…
U.S. Companies Begin Paying DeepSeek Directly
The quarterly report Ramp publishes to show which software tools are winning corporate budgets carried a first on Monday. DeepSeek, the Chinese AI lab, topped the “breakthrough growth” ranking, the…
Anthropic’s IPO Push and the Non-Proliferation Pitch
The essay arrived weeks before a listing expected to value Anthropic at $965 billion, and it read like a treaty proposal for the age of artificial intelligence. Anthropic published a…
Global Selloff Deepens as AI Trade Unwinds
The selloff that began with an earnings call in Santa Clara ended three days later with a circuit breaker in Seoul. Monday morning, the Korea Composite Stock Price Index opened…
Top AI Researcher Says the Field Overhypes Its Stars
When Shunyu Yao told an interviewer that AI researchers are overhyped, he was describing a career that looks, on paper, like the definition of the thing. A Tsinghua undergraduate degree,…
Dalio Warns U.S. Debt Has Passed the Point of No Return
Ray Dalio brought a chart to the Forbes summit, and the chart made his argument better than his words could. U.S. federal debt has passed $42 trillion, the annual interest…
AI Lifts Self-Made Women Billionaires to a Record
The Forbes list of America’s richest self-made women has 43 names on it this year, the most in the ranking’s history, and the biggest move belongs to a woman whose…
Amazon Pays Corning Billions for Fiber in AI Buildout
Amazon has agreed to pay Corning billions of dollars for optical fiber to connect its U.S. data centers, the latest and largest sign that the AI buildout has moved beyond…
Marvell to Join S&P 500 After AI-Driven Rally
S&P Global said Marvell Technology will join the S&P 500 index on June 22, replacing Pool Corp and Campbell’s, and the announcement turned a stock that had already been one…
