Canva has cut its internal valuation by more than $10 billion to $43.9 billion, a 20% reduction, amid fears that AI will cannibalize its design software business. Australian backer Blackbird Ventures …
SCX.ai will debut on the Australian Securities Exchange (ASX) on Friday under the code SCX following a fully underwritten $40 million IPO, becoming Australia's first ASX-listed pure-play sovereign AI …
Jason Lemkin, founder of SaaStr, warns that AI agents are bypassing products like Canva and Notion entirely, citing Canva's growth cut from 30% to 20% for 2026 as a symptom of a broader shift. He advi…
Canva cut its 2026 growth forecast from 30% to 20%, a move that 20VC x SaaStr hosts Jason Lemkin and Rory O'Driscoll say signals an existential threat to the prosumer design tool as AI agents bypass i…
Danny Wu, Head of AI Products at Canva, discussed the company's conversational and agentic AI era in an interview with Open Source CEO. Canva, which reached a $42 billion valuation in its August 2025 …
Amazon launched its paid Alexa+ voice assistant in Australia at $29.99 per month (free with Prime), 18 months after its U.S. unveiling, and will allow developers to access China's DeepSeek AI model vi…
Canva slashed its 2026 growth forecast after AI costs exceeded expectations, according to a report from BusinessWorld. The company, which has 265 million monthly users and $4 billion in annualized rev…
The MCP 2026-07-28 specification, released July 28, introduces three breaking changes: removal of the initialize handshake (SEP-2575), removal of session IDs (SEP-2567), and a change in invalid parame…
Canva cut its expected revenue growth rate by a third to 20% after the high cost of delivering AI features prompted a slowdown in its rollout, CEO Melanie Perkins told Fortune. Perkins said user deman…
Google is expanding Gemini Spark, its personal AI agent, with new connected-app integrations including Google Tasks, Google Keep, Canva, Dropbox, Instacart, OpenTable, and Zillow Rentals, along with M…
ZDNET's Sabrina Ortiz reports that AI-generated flyers are often poorly designed, but clear prompts and design limits can produce better results. She provides 8 tips, including consulting a graphic de…
Canva, the Australian design platform valued at roughly $42 billion, has revised its annual revenue growth forecast from around 30% to roughly 20% and is slowing its AI feature rollout to control infe…
OpenAI has acquired AI presentation startup NextSlide, its 17th acquisition in three years, with the deal completed earlier in 2026 and disclosed on August 8. The entire NextSlide team joins ChatGPT's…
Atlassian CEO Mike Cannon-Brookes said the company has tamed AI costs despite Rovo usage growing 50% quarter-on-quarter, as the company reported a return to profit with US$139 million in quarterly ear…
Adobe has announced a new plugin that brings all of its applications, including Photoshop, Express, and Acrobat, into OpenAI's ChatGPT, expanding on its previous integrations. The move intensifies com…
ASX info tech stocks rose 17% in the June quarter, outperforming the ASX200's 4% gain, as improving sentiment reopened growth opportunities. ClearVue Technologies (ASX:CPV) was selected for Canva's ne…
Canva cut its annual revenue forecast to about 20% growth after revealing the high cost of running its AI suite, with CEO Melanie Perkins saying the average cost of serving an AI task was too high. Th…
Wordsmith AI has secured a $14 million extension to its Series B financing, bringing the total Series B to $84 million and the company's disclosed funding to approximately $114 million. The round was …
As of August 2026, CapCut's Pro tier costs $19.99/month or $179.99/year, double the previous $9.99 price, with AI features on a credit pool, while Meta's free Edits app offers a CapCut alternative for…
A new comparison of 12 PowerPoint alternatives in 2026 finds that while PowerPoint remains the default, AI-powered tools like Gamma, Pitch, and Canva offer faster paths from scattered source material …