Canva users have created 4.5 billion presentations and 1.4 billion documents, with nearly 3,000 presentations and 1,000 documents created every minute, according to the Australian design startup. The …
Canva co-founder Cliff Obrecht said high costs forced the company to slow the rollout of AI features in its graphic design apps, as the Sydney-based company, valued at US$42bn, cut its annual revenue …
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 …
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…