Here's your Forbes Daily Briefing for Monday, December 22nd.

Today on Forbes, AI startup Lovable just minted one of Europe's youngest ever self-made

billionaires.

Lovable's co-founders are now billionaires.

After the popular so-called vibe-coding startup, raised a new round that vaulted its valuation to $6.6 billion,

tripling in less than six months.

In July, it became the fastest-growing software startup in history.

The Stockholm-based company announced last Thursday

it had raised $330 million in a funding round, led by Capital

G and Menlo Ventures, with participation from firms including Kossela Ventures, Excel, and

EQT. The new round brings the startup's total funding to $550 million. Forbes estimates co-founders Anton Oseca, who is 35 years old, and Fabian

Heiden, who is 26, each have an approximate 24% stake in the company, putting their net worths at

$1.6 billion. Headin's new fortune makes him one of Europe's youngest self-made billionaires, falling just a few

months behind another Swedish AI researcher, Arvid Lunemark, co-founder of AI coding tool, Cursor,

who became a billionaire in November at age 26.

Hedon joins only 12 other self-made billionaires in the world under the age of 30.

Both founders plan to give away 50% of their earnings from any exit to charity.

Ossica told Forbes in July, quote,

Me and Fabian have pledged a very large part of the value that we build up from Lovable,

will go to ensuring that humanity's transition

to super-intelligent AI goes well, and it is good for the humans that live through it.

Loveable's AI coding tool allows anyone to build websites and apps with just a written prompt.

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