Lovable projects $1B in ARR within next 12 months

✨TodayOnAI’s Daily Drop

• Lovable projects $1B in ARR within next 12 months

• Multiverse Shrinks AI to Fit on Your Watch

• Duolingo CEO Defends “AI-First” Shift Amid Misunderstanding

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• 🧰 Today’s AI Toolbox Pick

Lovable

Lovable projects $1B in ARR within next 12 months

🚀 TodayOnAI Insight: Lovable, the AI-powered code generation startup, is projecting a staggering $1 billion in annual recurring revenue within the next year—less than two years after launch. CEO Anton Osika revealed the ambitious target during a Bloomberg TV interview, underscoring the company’s rapid ascent in the AI tooling space.

🔍 Key Takeaways:

• Lovable currently grows by over $8M in ARR each month.

• It surpassed $100M ARR just eight months after hitting its first $1M.

• The company projects $250M in ARR by the end of 2025.

• Founded in 2023, it has already raised $200M at a $1.8B valuation.

• Positioned as one of Europe’s fastest-growing AI startups.

💡 Why This Stands Out: Lovable’s pace is extraordinary, compressing what typically takes years into quarters. The company’s momentum reflects the rising demand for AI-assisted coding and the investor appetite for verticalized AI startups. If Lovable reaches its $1B ARR goal, it will join the rare class of startups that scaled from inception to decacorn trajectory in under two years—raising the bar for AI-native SaaS companies.

Multiverse

Multiverse Shrinks AI to Fit on Your Watch

🚀 TodayOnAI Insight: Multiverse Computing has launched two ultra-compact AI models—SuperFly and ChickBrain—designed to run entirely on-device, including IoT gadgets and smartphones, without sacrificing performance. It’s a major leap in edge AI, powered by its proprietary quantum-inspired compression algorithm, CompactifAI.

🔍 Key Takeaways:

• New models launched: SuperFly (94M params) and ChickBrain (3.2B params), both optimized for on-device use without internet connectivity.

• CompactifAI compression: A quantum-inspired algorithm that shrinks models while maintaining or even improving performance.

• ChickBrain performance: Slightly outperforms Meta’s original Llama 3.1 8B on several benchmarks, including MMLU-Pro and GSM8K.

• Real-world use cases: SuperFly enables voice interfaces for low-power devices (e.g., appliances), while ChickBrain supports reasoning tasks on consumer-grade hardware.

• Strategic traction: Backed by €189M in fresh funding; partners include HP, Toshiba, and major electronics brands like Apple, Samsung, and Sony.

💡 Why This Stands Out: Multiverse’s breakthrough speaks to a rising demand for AI that works offline, respects user privacy, and doesn’t rely on the cloud. By compressing models small enough to run on an Apple Watch yet still match—or exceed—benchmark performance, the company challenges the notion that bigger always means better in AI. As edge computing matures, is ultra-compact intelligence the next competitive frontier?

Duolingo

Duolingo CEO Defends “AI-First” Shift Amid Misunderstanding

🚀 TodayOnAI Insight: Duolingo CEO Luis von Ahn has clarified his company’s shift to an “AI-first” strategy, emphasizing it was misinterpreted as a cost-cutting move rather than a long-term innovation play.

🔍 Key Takeaways:

• Von Ahn says the internal memo declaring Duolingo “AI-first” lacked context but wasn’t controversial internally.

• He clarified that Duolingo hasn’t laid off any full-time employees and doesn’t plan to.

• The company has adjusted its contractor workforce based on project needs, as it has historically.

• Duolingo dedicates time weekly—“FrAIDays”—for teams to explore AI applications.

• The company remains bullish on AI, despite external backlash and public misinterpretation.

💡 Why This Stands Out:Duolingo’s public pivot toward AI highlights the growing tension between tech-driven innovation and workforce perceptions. As more companies reframe themselves around AI, clarity in messaging is becoming as critical as strategy. The backlash here wasn’t about what Duolingo did—but how it was communicated. In the AI era, transparency may be as valuable as the technology itself.

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🧰 Today’s AI Toolbox Pick

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