racing – Phlox Pro – Business 2 Demo

Lovable, a Swedish vibe coding startup valued at $6.6 billion, saw its torrid growth accelerate even as Anthropic’s Claude Code went viral over the past few months.

The Swedish startup says its annual recurring revenue has surged by more than 30%, from $300 million to $400 million in a single month, and could top $1 billion by year’s end, Lovable’s chief revenue officer, Ryan Meadows, told Business Insider in an exclusive interview. ARR refers to the predictable revenue a company expects to generate over a year from subscriptions or recurring contracts.

Lovable’s breakout growth comes amid a broader boom in AI-powered coding tools, which include Claude Code and startup Cursor, which was last valued at nearly $30 billion. In late 2025, Cursor said it had $1 billion in annualized revenue.

Lovable launched at the end of 2024 and reached $100 million in ARR just eight months later, doubling to $200 million by the end of 2025.

Vibe coding allows novices with limited programming expertise to create code using AI. Lovable, founded by Anton Osika and Fabian Hedin, aims to make coding even more user-friendly, enabling non-engineers to make software and applications. It was valued at $6.6 billion in a December funding round led by CapitalG and Menlo Ventures’ Anthology fund.

“It’s accelerating quite a bit,” Meadows said. “We’ve doubled the number of active users daily just in the last couple of months.” Lovable now boasts over 15 million daily active users and sees 200,000 new vibe coding projects created each day, according to Meadows.

The vast majority of Lovable users are still non-technical founders and entrepreneurs, but Meadows says the company is seeing its fastest growth from the enterprise business it launched in August.

Anthropic is a partner rather than a competitor

Lovable’s most recent growth spurt occurred after the release of Claude Code. But rather than eating into Lovable’s market share, Meadows says most customers use both tools. Professional software developers and engineering teams use Claude, while non-technical staffers prefer Lovable.

“It’s a rising tide,” he said. “We’ve been super happy with what we’re seeing.”

Lovable is powered by Claude, and when Anthropic launched its marketplace this week, it prominently featured Lovable.

“They’re pretty committed to working with us to pass business through,” said Meadows. “We’re going to keep investing in that partnership.”

A hiring spree

Lovable has rocketed to $400 million in ARR with a lean staff of just 146 employees, said Meadows. This year, the company will embark on a hiring spree, mostly in product and engineering roles, and will end the year with around 350 employees, he added.

Though its engineering team will continue to be based in Stockholm, the company will be opening its first US office this year in Boston to house go-to-market roles.

“We can’t hire fast enough,” Meadows said.

Have a tip? Contact Ben Bergman via email at bbergman@businessinsider.com or Signal at BenBergman.11

Source link

2025-12-05T14:41:39.593Z

Korean Air is the latest airline to sign up for Elon Musk’s Starlink WiFi.
22 other carriers have also announced deals for the ultra-high-speed internet.
It’s already available on some airlines — here’s the full list.

Elon Musk’s Starlink has gained yet another airline customer as the ultra-high-speed WiFi service continues to gain popularity.

Korean Air announced in early December that it’s installing Starlink and expects it to enter service between July and September next year, becoming the 23rd airline in total to do so.

Business Insider previously tested Starlink on Qatar Airways’ first flight with it last October. The connection speed peaked at 215 megabits per second, more than enough for a lag-free video call, and faster than many cable-based internet services.

Starlink functions thanks to a constellation of over 7,000 satellites, which allows internet connections in remote locations, such as flying over an ocean. The satellites are in low-earth orbit, which means faster internet speeds — but also disrupts astronomers.

Starlink isn’t the only game in town, however.

JetBlue has signed up for Amazon Leo, which functions similarly, but has only launched 150 satellites so far.

Another in-flight WiFi rival is Viasat, which is used by Delta Air Lines and American Airlines. It only has a handful of satellites in a geostationary orbit, which have a longer time delay.

While it has rivals, Starlink wants to cement its dominance. As Starlink grows in popularity, it could be that more carriers sign up to Starlink to keep up with competitors. All airlines with Starlink offer it free of charge, although some require passengers to sign up for their loyalty programs.

As of the Korean announcement, here are all the airlines that have publicly announced plans to launch Starlink:

Aer Lingus

An Aer Lingus Airbus A330.

Nicolas Economou/NurPhoto/Getty

The Irish flag carrier is part of International Airlines Group, which announced its Starlink deal in early November. It’s set to roll out Starlink from early 2026, but plans are still being finalized across the conglomerate.

Air Baltic

Latvia’s airBaltic flies around Europe and the Middle East only using Airbus A220 jets. It was the first European airline to adopt Starlink, and hopes to complete installation on all its planes by the end of the year.

Air Busan

Air Busan is a budget carrier and a subsidiary of Korean Air, which announced in December that it’s adding Starlink.

While the legacy carrier has clearer plans for its wide-body jets, Korean said Air Busan will review which planes to prioritize.

“Rollout schedules will vary by carrier, with the earliest service introduction expected as early as the third quarter of 2026,” it added.

Air France

The French flag carrier announced its Starlink deal last September, available to Flying Blue loyalty members. Installation began across its fleet, including regional planes, this summer.

Air New Zealand

Air New Zealand first said it was working with Starlink two years ago. It then rolled it out on two domestic aircraft in June, saying that it was “currently in the test phase.”

Air Seoul

Air Seoul is a budget carrier and another subsidiary of Korean Air. Like with Air Busan, it is not yet clear which jets will get Starlink.

Alaska Airlines

After merging with Hawaiian Airlines — the first major carrier to offer Starlink — Alaska Airlines announced its deal in August. It says it will first be available next year and will be rolled out across the fleet by 2027.

Asiana Airlines

Asiana Airlines is another subsidiary of Korean Air.

The two airlines merged in 2024, while the Asiana brand is set to be phased out by the end of next year.

“Following the integration with Asiana Airlines, the airline plans to complete fleetwide installation by the end of 2027,” Korean said in its Starlink announcement.

It also said it will prioritize installation on its Boeing 777 and Airbus A350 jets.

British Airways

The UK flag carrier is also part of IAG. BA said it would start rolling out Starlink next year and that it would be available free of charge to all its passengers.

Emirates

Dubai’s airline is starting to roll out Starlink this month and plans to add it to all 232 in-service aircraft by mid-2027. It’s also set to operate the first double-decker Airbus A380 with the service.

FlyDubai

The Emirati budget airline also announced its Starlink deal during this month’s Dubai Airshow. It only operates Boeing 737s and plans to install Starlink on 100 of them from next year.

Iberia

The Spanish flag carrier is also part of IAG. The conglomerate said it would roll out Starlink across its fleets from 2026.

Jin Air

Budget airline Jin Air, another subsidiary of Korean Air, will also get Starlink on its planes.

It will first install the high-speed WiFi on its Boeing 737-8 jets, the announcement said.

JSX

A JSX plane.

AaronP/Bauer-Griffin/GC Images

JSX is a charter air carrier and was the first carrier to equip Starlink back in 2023. Its fleet is mostly made up of regional Embraer jets.

Korean Air

Korean Air announced in December that it’s adding Starlink, with service starting as early as the third quarter of 2026.

It said it will prioritize installation on its Boeing 777 and Airbus A350 jets, aiming for Starlink to be across the fleet by the end of 2027.

Level

Level is a budget airline based in Barcelona and is part of IAG. The airline’s parent company said it would roll out Starlink from 2026.

Qatar Airways

Qatar Airways outpaced its regional rival, Emirates, by announcing Starlink back in May 2024. As of November, it operates the most wide-body aircraft with the service, numbering over 100. Starlink is installed on all Qatar’s Boeing 777s and is being rolled out to its Airbus A350s.

SAS

Scandinavian Airlines, or SAS, is the flag carrier for Sweden, Denmark, and Norway. It announced Starlink in January and said the rollout would begin at the end of the year. Passengers would need to sign up for its EuroBonus loyalty program for free access.

United Airlines

United Airlines was the second US airline to announce a Starlink deal, but the first of the Big Three. It has installed the service on over half of its regional planes, and is continuing to roll it out across its whole fleet. The airline says customers will get a notification before their flight if it is equipped with Starlink. Passengers need to sign up for its MileagePlus loyalty program for free access.

Virgin Atlantic

Virgin Atlantic was the first UK airline to announce its deal with Starlink, which it did in July. Installation is planned to start in the second half of next year. Passengers will need to sign up for the airline’s Flying Club loyalty program to use it.

Vueling

Another IAG subsidiary, Vueling is a Spanish budget airline. Its parent company said it would roll out Starlink from 2026.

WestJet

Canada’s WestJet started installing Starlink in February, and it’s now equipped on over 100 of its Boeing 737 jets. It plans for all its 737-800 and 737 Max 8s to have Starlink by the end of the year. Free access requires signing up for its loyalty program.

Zipair

Zipair is a Japanese budget airline and a subsidiary of Japan Airlines. It was an early adopter of Starlink, announcing its deal in early 2023, but doesn’t appear to have yet launched the service.