The high growth AI code tools market is attracting a slew of smaller players that are offering a range of easy-to-use coding products that are significantly improving productivity and accessibility, enabling both technical and non-technical users to create full-stack applications. One such player is Lovable.
According to a recent report, the AI code tools market is projected to grow 23.2% annually to $30.1 billion by 2032 from $4.8 billion in 2024. The growth in the industry is being driven by the increasing adoption of DevOps practices and the need for efficient software development solutions. AI-driven coding tools are enhancing developer
The high growth Agentic AI market has attracted several big and niche players in the market. The industry is bound to see some consolidation. One such player is Mountain View-based Moveworks, which was recently acquired by ServiceNow (NYSE: NOW) for an estimated $2.85 billion.
According to a recent report, the global agentic AI in Enterprise IT is projected to grow 46% annually over the next ten years to reach $182.9 billion by 2034 from $4.1 billion in 2024. The technology is expected to have a big impact across multiple use cases and is already significantly impacting the software development
After years of losses, it looks like the messaging app Telegram will soon turn profitable. The company has had a very interesting journey so far.
Through a recent funding round, London-based Synthesia recently became the UK’s most valuable Gen-AI media company. The company continues to grow rapidly within the video-content creation space.
Enterprise collaboration solutions provider Atlassian (Nasdaq: TEAM) announced its second quarter results recently that surged past market expectations. The company’s stellar performance drove the stock 19.5% higher in the after-hours trading session, sending it to a 3-year high.
Glendale, California-based ServiceTitan (Nasdaq: TTAN) that focuses on providing an operating solution for tradespeople went public last year. The stock has had a fair run so far.