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Canva Acquires Generative AI Platform Leonardo to Improve Visible AI Capabilities


Canva has introduced its acquisition of the generative AI platform Leonardo.Ai, marking a big step in direction of advancing its mission of empowering everybody to design. This acquisition is a part of Canva’s technique to scale its visible AI expertise and proceed innovating within the subject of design.

Background and Objectives

Since its launch in 2013, Canva has been dedicated to creating design accessible to everybody. At this time, Canva helps over 190 million customers worldwide in bringing their concepts to life. With the acquisition of Leonardo.Ai, Canva goals to bolster its AI capabilities, enhancing its suite of AI merchandise and investing in continued analysis and innovation to form the way forward for visible AI.

Leonardo.Ai Integration

Leonardo.Ai, with its group of 120 researchers, engineers, and designers, will proceed to develop its net platform for its thousands and thousands of customers, now accelerated with Canva’s monetary sources, experience, and licensed content material from the Canva Creators program. This integration will enable Leonardo to broaden its consumer base and improve its AI-generated pictures, graphics, and movies.

Advancing AI in Visible Communication

Canva has a historical past of investing in AI to enhance design instruments, beginning with the launch of its Background Remover device in 2019 and the acquisition of visible AI firm Kaleido in 2021. The introduction of the Textual content to Picture device in 2022 and the excellent suite of AI-powered merchandise, Magic Studio, in 2023, has pushed vital consumer engagement, with Magic Studio getting used over 7 billion occasions.

Leonardo.Ai’s superior expertise can be built-in into Canva’s current merchandise, comparable to Magic Media, enhancing AI picture and video technology. This integration will even help deeper funding in foundational mannequin analysis and growth, essential for each Canva and Leonardo’s development.

Advantages for Customers

The combination of Leonardo’s expertise will provide Canva customers enhanced capabilities in producing high-quality pictures and movies. Leonardo’s fashions can produce a variety of types, from hyper-realistic pictures to animated illustrations, offering customers with highly effective instruments for inventive and strategic work. These developments will profit varied professionals, together with entrepreneurs, designers, creatives, and educators, by enabling them to scale their work effectively and successfully.

Sustaining Independence and Consumer Privateness

Leonardo will proceed to function independently, specializing in fast innovation, mannequin analysis, and product growth. Whereas benefiting from Canva’s sources, Leonardo will preserve its personal product growth trajectory. Consumer content material from Canva is not going to be shared with Leonardo except customers opt-in, guaranteeing privateness and management over knowledge.

Picture: Canva




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