Weekly Tech Pulse
Execution Is Becoming Cheap: How AI, infrastructure, and capital are reshaping the economics of software.
Table of Contents:
AI | Artificial Intelligence
Mozilla’s new CEO is doubling down on an AI future for Firefox
ChatGPT’s mobile app hits new milestone of $3B in consumer spending
VC | Startup & Funding
Vibe-coding startup Lovable raises $330M at a $6.6B valuation
Seattle-area startup Govstream.ai raises $3.6M to improve city permitting processes using AI
HI | Hardware & Infrastructure
Nvidia plans heavy cuts to GPU supply in early 2026
UK government expands end-user tech framework to £24B
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AI | Artificial Intelligence
Mozilla’s new CEO is doubling down on an AI future for Firefox
Mozilla’s newly appointed CEO, Anthony Enzor-DeMeo, outlined strategic priorities centered on integrating AI into Firefox while emphasizing user privacy and control.
He described plans to enhance the browser with optional AI features, ensuring transparency around data use and user choice.
Enzor-DeMeo framed this direction as a way for Firefox to remain competitive in a landscape where AI capabilities are increasingly expected.
The interview highlighted Mozilla’s intent to balance innovation with its foundational principles of openness and trust.
Source: The Verge
ChatGPT’s mobile app hits new milestone of $3B in consumer spending
ChatGPT’s mobile application has surpassed $3 billion in lifetime consumer spending worldwide since its debut in May 2023, driven largely by a sharp increase in 2025 revenue.
Consumer expenditure on iOS and Android this year accounted for the majority of the total, with spending far outpacing figures from 2024.
The app’s pace to this milestone surpasses many top entertainment and social apps, reflecting significant adoption of paid AI services.
Ongoing monetization efforts include subscriptions and the recent launch of an integrated app store feature.
Source: TechCrunch
VC | Startup & Funding
Vibe-coding startup Lovable raises $330M at a $6.6B valuation
Swedish AI “vibe-coding” startup Lovable secured $330 million in a Series B round led by CapitalG and Menlo Ventures, lifting its valuation to $6.6 billion, more than triple its level five months earlier.
The company’s platform lets users build software through natural-language prompts and has rapidly grown revenue and usage since its 2024 launch.
Lovable plans to invest the new capital in deeper third-party integrations, enterprise features, and infrastructure to support full application development.
The startup counts major customers and reports high daily project creation on its platform.
Source: TechCrunch
Seattle-area startup Govstream.ai raises $3.6M to improve city permitting processes using AI
Seattle-based Govstream.ai raised $3.6 million in a seed funding round led by 47th Street Partners to advance its AI-driven permitting tools for municipal governments.
The startup’s platform uses conversational AI to streamline permit review and reduce administrative workload, aiming to shorten timelines significantly.
Funds will support expansion of engineering and AI teams and enhancements to its permitting system.
The technology is designed to integrate with existing municipal systems to improve efficiency for planners and reviewers.
Source: GeekWire
HI | Hardware & Infrastructure
Nvidia plans heavy cuts to GPU supply in early 2026
Nvidia is reportedly preparing substantial reductions in its GeForce GPU production in early 2026, cutting supply by up to 40 percent due to constraints in memory availability, particularly GDDR7.
The reductions are expected to affect several RTX 50 series models as Nvidia reallocates limited components and focuses on future product lines.
The move reflects broader supply chain challenges rather than lack of demand, with strategic adjustments to prioritize newer hardware.
Industry observers view the cuts as a response to memory shortages that could influence pricing and availability.
Source: Overclock3D
UK government expands end-user tech framework to £24B
The UK Crown Commercial Service has published an expanded procurement framework covering up to £24 billion for off-the-shelf hardware, software, and associated services, including end-user devices and cloud solutions, to run from 2027 to 2030.
The framework aims to standardize procurement across public sector entities and secure discounted pricing for a wide range of technology products. It includes laptops, tablets, smartphones, software licenses, and related support services.
The initiative is part of broader efforts to modernize government technology sourcing and achieve better value for public spending.
Source: The Register
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