The Swedish artificial intelligence startup Lovable, known for its "vibe-coding" technology, is currently in negotiations for a new round of financing worth up to $3 billion. If this funding round is successfully completed, the company's valuation will double directly, rising from $6.6 billion in December last year to $13.2 billion. It is reported that this round of financing is expected to be led by Menlo Ventures, a venture capital firm that recently announced a new $3 billion fund.

This startup, which was founded less than three years ago, is growing at an astonishing speed and achieved an annualized revenue of $500 million in June this year. Lovable's core product is a vibe-coding tool that allows users to build software just by describing it with language. It has already attracted a broad user base, including founders, independent designers, and e-commerce salespeople. Additionally, the tool has successfully entered the enterprise market and has been adopted by tech giants such as Workday, Asana, and Nvidia.

Lovable's explosive growth reflects the high popularity and profitability of "vibe-coding" technology in the current global AI sector. This software development model, driven by AI and lowering the development barrier, has become one of the most lucrative application scenarios. In March this year, the valuation of a similar startup, Replit, reached $9 billion; in April, the valuation of Factory, a company helping businesses develop AI agents, also reached $1.5 billion. More notably, last month, SpaceX acquired Cursor, a vibe-coding service provider for developers, for a hefty $6 billion. Frequent high-value acquisitions and valuations surging into the hundreds of billions indicate that AI is accelerating the transformation of traditional software engineering paradigms.