Complete Story
 

08/07/2024

Canva Acquires Generative AI Platform Leonardo

With it, Canva plans to enhance its visual AI capabilities

Canva has announced its acquisition of the generative AI platform Leonardo.Ai, marking a significant step towards advancing its mission of empowering everyone to design. This acquisition is part of Canva’s strategy to scale its visual AI technology and continue innovating in the field of design.

Background and Goals

Since its launch in 2013, Canva has been committed to making design accessible to everyone. Today, Canva supports over 190 million users worldwide in bringing their ideas to life. With the acquisition of Leonardo.Ai, Canva aims to bolster its AI capabilities, enhancing its suite of AI products and investing in continued research and innovation to shape the future of visual AI.

Leonardo.Ai Integration

Leonardo.Ai, with its team of 120 researchers, engineers, and designers, will continue to develop its web platform for its millions of users, now accelerated with Canva’s financial resources, expertise and licensed content from the Canva Creators program. This integration will allow Leonardo to expand its user base and enhance its AI-generated photos, graphics and videos.

Please select this link to read the complete article from Small Business Trends.

Printer-Friendly Version