source: techcrunch ai: lovable signs multiyear deal with google cloud to up usage 5x, source says
level: business
lovable, a stockholm-based vibe-coding startup, has signed a multiyear deal with google cloud to expand its usage fivefold. the agreement includes increased access to anthropic's claude model, widely used for coding, and google's own gemini models. lovable has been a google cloud user, but this deal makes it a much larger customer. the financial terms were not disclosed, but a source familiar with the deal confirmed the fivefold increase in lovable's footprint, including ai usage.
the deal connects lovable to google's enterprise agent marketplace, the gemini enterprise agent gallery, which was first hinted at during google's cloud conference in april. lovable's new agent will be available there, simplifying procurement and billing for enterprise customers. additionally, lovable will integrate with wiz, google's $32 billion acquisition, to provide real-time security for code written by humans and agents. this integration aims to identify and fix security issues automatically.
lovable is one of europe's fastest-growing startups, crossing $400 million in annualized revenue in february with only 146 employees. the company claims over half of fortune 500 companies use its product. for google, the deal supports its massive capital expenditure plans, expected to reach $180 to $190 billion this year, by driving revenue from enterprise customers. the partnership also helps anthropic meet performance targets tied to google's $10 billion investment, as lovable's growth could increase usage of claude.
why it matters: this deal shows how cloud providers and ai model companies are locking in fast-growing startups to drive revenue and meet investment targets, impacting the ai infrastructure market.
source: techcrunch ai: lovable signs multiyear deal with google cloud to up usage 5x, source says