Lovable and Google Cloud sign deal to multiply usage fivefold

Lovable, the Swedish startup that has been growing rapidly in the world of vibe-coding, has just closed a multi-year collaboration agreement with Google Cloud. This agreement is not just a contract renewal, but a significant expansion. Although the financial details were not disclosed, a source revealed to TechCrunch that Lovable's usage on Google Cloud will increase fivefold, including the use of artificial intelligence.

What makes this agreement even more interesting is the expanded access Lovable will have to Anthropic's AI models, such as Claude, and Google's own Gemini models. Anthropic, which received a $10 billion investment from Google in April, is in line to receive an additional $30 billion if it hits certain performance milestones. And Lovable could be key to this, as it is one of the fastest-growing startups in Europe. In February, the company had already reached an annualized revenue of $400 million, adding $100 million in a single month with just 146 employees. Impressive, right?

In addition, more than half of Fortune 500 companies already use Lovable's product in some way. With this new agreement, Lovable also connects to other parts of the Google ecosystem. Its new agent will be available on Google Cloud's enterprise agent marketplace, the Gemini Enterprise Agent Gallery. This partnership was initially hinted at during Google's major cloud conference in the US in April.

To ensure the security of code produced by humans and agents, Lovable will integrate with Wiz, Google's largest acquisition to date, valued at $32 billion. This integration will allow Wiz to identify and resolve security issues in real-time. By selling Lovable's agents through Google's marketplace, the cloud giant claims that enterprise procurement and billing will be simplified, making it easier for Lovable to win more corporate clients.

For Google, the strategy is clear. If it can keep both Lovable and Anthropic growing, attracting deep-pocketed enterprises, the revenue will help fund the $180 billion to $190 billion in capital expenditures Google plans to spend this year. The company is already in the process of selling a record $85 billion in shares to cover part of it, so only another $100 billion to go. And so, the game continues.