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 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…
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…
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…
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…