Canva has unveiled their plans to acquire Leonardo.AI for an undisclosed amount. The acquisition of the startup aims to bolster Canva’s suite of visual AI tools. Notably though, it follows Canva’s billion-dollar acquisition of Affinity, a known competitor to Adobe. Similarly, the Leonardo team is slated to join Canva while operating independently. This was confirmed by Leonardo.AI co-founder and CEO JJ Fiasson. Founded two years ago, Leonardo.AI has been subject to a ton of growth in a short span of time. It has also raised USD 47 million in December 2023 with the aid of Blackbird Ventures, a major backer for Canva. What do you guys think of Canva's upcoming acquisition? Read more in our articles including "Canva to acquire generative AI platform Leonardo.AI" and "BIR opens Tax Payer Portal".
Canva has unveiled their plans to acquire Leonardo.AI for an undisclosed amount. The acquisition of the startup aims to bolster Canva’s suite of visual AI tools.
Notably though, it follows Canva’s billion-dollar acquisition of Affinity, a known competitor to Adobe. Similarly, the Leonardo team is slated to join Canva while operating independently. This was confirmed by Leonardo.AI co-founder and CEO JJ Fiasson.
Our coverage of canva leonardo ai includes: "Canva to acquire generative AI platform Leonardo.AI"; "BIR opens Tax Payer Portal"; "DTI retracts plan to require permit when running online ads and promos". Each article provides unique insights and information.