Canva's AI Acquisition
Canva is ramping up its generative AI capabilities by acquiring Leonardo AI, a startup focused on collaboration tools and video generation. While the deal's financial details remain undisclosed, it appears to be a strategic move to bolster AI talent, as all 120 employees from Leonardo will join Canva. This acquisition not only enhances Canva's tech infrastructure but also opens up potential new revenue streams.In this clip
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