Lovable, an AI coding tool valued at $1.8 billion after securing $200 million in funding, is facing scrutiny as web traffic figures reportedly decline. Discussions across platforms like LinkedIn, X (formerly Twitter), and Reddit’s r/artificial intelligence indicate a potential drop from 35.4 million to 19.1 million visits between June and September. This sharp decrease has fueled debate regarding the company’s actual value and its role in the AI coding landscape. Some critics argue Lovable is better suited as a prototype generation tool rather than a platform for robust production-level code. The observed dip in traffic has sparked questions whether Lovable’s growth is a sign of an overhyped AI bubble. However, the company is transitioning to Lovable Cloud & AI, which may account for some of the decline as users migrate to the new platform. Comparisons are also being drawn to similar platforms like Vercel’s v0, contributing to a broader conversation about the future trajectory of AI-assisted coding.
Lovable’s Web Traffic Declines Spark Valuation Debate in AI Coding Sector
