Author: IBL News

IBL News | New York

Supabase, an open-source platform used by vibe coders and general developers for managing Postgres databases, achieved a $2 billion valuation after raising $200 million in its Series D round.

This funding round was led by Accel, with contributions from Coatue, Y Combinator, Craft Ventures, Felicis, and angel investors, including Kevin Weil from OpenAI, Guillermo Rauch from Vercel, and Taylor Otwell from Laravel.

Founded in 2020, and currently used by two million developers who manage 3.5 million databases, Supabase [its team in the picture above] introduced itself as an alternative to Google’s Firebase.

Its sign-up rate has just doubled in the past three months due to the Vibe coding movement, with apps like Vercel, Bolt, Lovable, Cursor, and Replit, among others.

Guillermo Rauch, CEO at Vercel, who first invested in Supabase in 2021, sees Vibe coding as a key tailwind for the startup.

Vercel, last valued at $3.25 billion, is widely viewed as a leader in the vibe coding movement.

IBL News | New York

OpenAI launched three new models — GPT-4.1, GPT-4.1 mini, and GPT-4.1 nano — in its API this month, featuring larger context windows (up to 1 million tokens) and improved performance in coding and instruction over GPT‑4o and GPT‑4o mini.

“To this end, the GPT‑4.1 model family offers exceptional performance at a lower cost,” said the company.

“For tasks that demand low latency, GPT‑4.1 nano is our fastest and cheapest model available; it delivers exceptional performance at a small size with its 1 million token context window.”

Only available via the API, GPT‑4.1 arrives as OpenAI rivals like Google and Anthropic released, respectively, Gemini 2.5 Pro, which also has a 1-million-token context window, and Claude 3.7 Sonnet. Also, Chinese AI startup DeepSeek launched an upgraded V3.

“OpenAI’s ambition is to create an “agentic software engineer,” as CFO Sarah Friar put it during a tech summit in London last month.

GPT-4.1 costs $2 per million input tokens and $8 per million output tokens. GPT-4.1 mini is $0.40/million input tokens and $1.60/million output tokens, and GPT-4.1 nano is $0.10/million input tokens and $0.40/million output tokens.

OpenAI CFO Sarah Friar on the race to build artificial general intelligence (Goldman Sachs’ Disruptive Tech Summit in London on March 5, 2025)

“And then the third that is coming is what we call A-SWE. We’re not the best marketers, by the way, you might have noticed. But Agentic… https://t.co/oFd0SKGu3S

— Tibor Blaho (@btibor91) April 12, 2025