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$100K/mo with an AI-first agency
GPT‐5 memory test, Meta poaches Apple AI, Perplexity’s record $18B valuation
Latestly AI
July 22, 2025
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⏱️ 5 min read
Top 3 Things in This Week’s Edition:
◆ How Harry’s Lovable AI agency hits $100K/month
◆ GPT‑5 memory modes tested, Meta recruits Apple AI talent
◆ Perplexity surges to $18B valuation
AI Business Idea of the Week
Lovable Agency – $100K/month with AI-Powered Development
Founder: Harry (Solo founder)
What it does: Builds custom apps and tools for small businesses using AI-first dev frameworks (Lovable, Base44, GPT)
How:
Leverages AI to code, automate, and deploy client projects faster
Finds clients via Twitter, Reddit & IndieHackers
Focused on industries like local services, SaaS, and e-commerce
Growth: Earned $100K/month within months by delivering high ROI apps at startup pace
“Harry shares exactly how his agency operates, how they land clients, and lessons scaling using AI-first dev tools.”
👉 Want to launch your own AI business?
Join our 30-Day AI Business Challenge to build your community with AI in 1 month.
Weekly Global AI News
🇺🇸 US & Canada
OpenAI begins testing GPT‑5 memory presets for roles like "therapist" or "co‑founder."
Meta recruits two Apple AI researchers to accelerate its Superintelligence project.
Trump announces billions in AI investment to build a PA AI/energy hub.
🇨🇳 China
Alibaba releases Qwen‑2, a free LLM surpassing GPT‑4 on key benchmarks, now embedded in Alipay.
MiniMax, ByteDance spinout, raises $300M to build a powerful multimodal model.
🌍 Africa & India
Perplexity AI hits an $18B valuation following a $100M round.
South Africa dedicates $25M to LLMs in local languages.
Nigeria expands AI diagnostic tool across 1,200 clinics.
🇮🇳 India
Jio + Stability AI broaden BharatGPT access to low-bandwidth users.
Vizag selected to host the upcoming Fusion AI Summit.
🇪🇺 Europe
EU extends AI sandbox zones in six countries for public-sector testing.
France begins training 100K citizens in GenAI tools and jobs.
Looking for more AI News?
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New Latestly AI Tool Comparisons
📋 Sunsama vs Motion vs Notion Calendar: Best AI Daily Tools for Work-Life Balance
💻 Lovable.dev vs Replit Ghostwriter vs Cody – Best AI Coding Assistant
📋 ClickUp Brain vs Notion AI vs Asana Intelligence – Best AI Project Management
Top 5 AI Startup Funding Rounds
Company | Round & Amount | What They Do | Lead Investor |
|---|---|---|---|
Thinking Machines | $2B (Seed) | AGI startup from ex-OpenAI CTO Mira Murati | a16z, Nvidia, Cisco |
Perplexity AI | $100M (C‑ext) | AI search engine, now valued at $18B | Several |
Lovable Agency | $200M | Builds AI-first dev apps at scale | Accel |
OpenEvidence | $210M (Series B) | Medical search AI for doctors | GV, Kleiner Perkins |
Sunrise | $139M (Series A) | AI chip spin-off from SenseTime | Huaxu, 4Paradigm |
Top 10 AI Unicorns – This Week’s Moves
Rank | Company | Valuation | What’s New |
|---|---|---|---|
1 | OpenAI | $300B | GPT-5 memory modes in test rollout |
2 | Anthropic | $61.5B | No public updates |
3 | Databricks | $62B | Acquires Lilac for live-agent tech |
4 | Hugging Face | $4.5B | Launches Transformers.js for browser inference |
5 | Scale AI | $18B | Expands partnership with Meta |
6 | Anduril | $28B | Wins $1B drone defense contract |
7 | Inflection AI | $4B | Co-founder Mustafa joins DeepMind |
8 | Cohere | $5.5B | Adds enterprise model fine-tuning |
9 | Adept AI | $1B | Hires ex-Google PM for new UX direction |
10 | Synthesia | $2.1B | Launches multilingual dubbing for business use |
How was this edition? |
Marco Fazio Editor,
Latestly AI,
Forbes 30 Under 30
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