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Bolt, an AI coding platform, experienced exponential growth, achieving $20 million in annual recurring revenue (ARR) in just the first two months following its launch. This impressive momentum is attributed to the advancements in the underlying technology, specifically the introduction of Sonnet, which significantly improved the platform's functionality. Initially on the verge of shutdown, the company successfully pivoted and accelerated its trajectory by embracing innovative AI models. The platform's appeal lies in its ability to rapidly generate usable applications, which has garnered a user base of three million within just four months.