List of AI News about annual recurring revenue growth
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2026-01-20 17:56 |
SoftBank Invests $70M in Emergent: AI-Powered App Building Platform Surges to $50M ARR in 45 Days
According to @godofprompt on Twitter, SoftBank has invested $70 million in Emergent, a fast-growing AI-powered app development platform. In just 45 days, Emergent's annual recurring revenue (ARR) doubled from $25 million to $50 million, indicating rapid adoption and significant business momentum. Over 5 million builders have already transitioned to Emergent, and more than 6 million real applications have been shipped using its tools. This signals a strong trend toward AI-enabled software development and highlights an urgent business opportunity for organizations seeking to accelerate app deployment and outpace competitors. Source: @godofprompt on Twitter. |