Canva, the online design platform, has announced the acquisition of Leonardo.ai, a generative AI content and research startup, as it aims to become a leader in the rapidly evolving world of AI-powered design tools. According to reports, Leonardo.ai’s technology will be integrated into Canva’s existing Magic Studio suite, significantly enhancing its generative AI capabilities. The…
Canva: $380 Million Serif Acquisition Deal
Canva is an online template editor app for creating social media graphics and presentations. It was founded in 2013 and is headquartered in Sydney, Australia. It boasts over 100 million active users. According to reports, Canva has announced the acquisition of Serif, a British software development company, for approximately $380 million USD. This acquisition will…