Lovable’s annualized revenue crosses $600M as vibe coding takes off

Lovable’s rapid rise to a $600M annualized revenue run rate signals that AI-powered “vibe coding” is moving from experimentation into mainstream enterprise adoption, with two-thirds of Fortune 500 reportedly using the platform. For CIOs, the strategic implication is that software creation is becoming faster and more productized, shifting value toward platforms that bundle code generation with hosting, deployment, and scaling—while also increasing the need for IT to govern security, architecture, and shadow-IT risk as more business users build production apps.