Canva to Purchase Generative AI Platform Leonardo.AI to Convey Main Visible AI to Each Group

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Firm continues to speed up funding and tempo of improvement with Canva AI merchandise now used greater than 7 billion instances

SYDNEY — Canva, a world chief in visible communication with greater than 190 million month-to-month energetic customers, at present introduced plans to amass Leonardo.AI. As certainly one of Australia’s fastest-growing startups, and a number one generative AI content material and analysis firm, Leonardo.AI is empowering tens of millions of individuals to convey their concepts to life via production-quality photos and movies. The acquisition enhances Canva’s providing and enhances the corporate’s imaginative and prescient to construct a world-class suite of visible AI instruments, marking this as an necessary milestone in its AI journey.

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As AI continues to form the way forward for work and visible communication, the acquisition will speed up Canva’s funding in continued analysis and improvement whereas bringing Leonardo’s cutting-edge foundational mannequin to Canva’s neighborhood worldwide. From creating property for advertising and promoting campaigns, to visualizing beautiful inside ideas, refining mockups, and producing dynamic movies, Leonardo’s know-how has been used to supply a couple of billion photos within the final 18 months.

For Leonardo.AI this is a chance to supply new ranges of AI innovation whereas additionally rising the organisation’s scale. With Canva’s assist, the corporate’s present trajectory can be supercharged to construct an much more creative-centric generative AI platform globally.

“We’re thrilled to welcome Leonardo.AI to Canva – two Australian corporations becoming a member of forces to convey world-first breakthroughs in AI and creativity,” stated Cameron Adams, co-founder and Chief Product Officer of Canva. “This area is continually evolving, and Leonardo’s technical management and neighborhood influence can’t be overstated. Bringing our worlds collectively will speed up every of our groups’ work, taking us from energy to energy, and we are able to’t wait to get began.”

World Main Generative AI Capabilities

Based in late 2022, Leonardo’s foundational mannequin empowers tens of millions of individuals to show concepts into production-quality visible property with unprecedented management, velocity and elegance consistency. Creators can generate photos in any chosen aesthetic in seconds with easy prompts, create movies, sketch with AI, and custom-train fashions with their very own datasets.

Leonardo’s new foundational mannequin, Phoenix, takes creator management to the subsequent degree, with unprecedented immediate adherence, coherent, correct textual content in photos and the flexibility to generate production-ready property in a single shot.

“In the present day marks the beginning of a brand new chapter which is able to speed up the tempo we innovate at Leonardo.Ai,” stated JJ Fiasson, Founder and CEO, Leonardo.AI. Becoming a member of the Canva household means we are able to make investments extra deeply in scaling our AI analysis efforts globally, and transfer even quicker to ship new options and performance to creatives worldwide.”

In lower than two years since launching, Leonardo.AI has amassed greater than 19 million registered customers and is used throughout all kinds of industries together with promoting, advertising, design, leisure, structure, style, e-commerce and training. The joint effort with Canva will produce new ranges of AI know-how to not solely have interaction, however to additionally develop Leonardo’s quick rising consumer base.

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From hobbyists to movie administrators, architects, {and professional} designers, Leonardo’s know-how delivers superior artistic management that pushes the boundaries of what’s doable in generative AI, whereas remaining intuitive and accessible. Its fashions can generate beautiful photos in types starting from strikingly lifelike photographs to character portraits, anime, painterly types, and extra, whereas its AI video era instruments can convey nearly any idea to dynamic life.

Reimagining Visible Communication

Canva’s latest Visible Financial system Report reveals that the necessity for efficient, environment friendly, and compelling visible communication has surged dramatically. AI is now enjoying an more and more necessary position in elevating each productiveness and creativity at work. From advertising groups scaling international campaigns by immediately producing advert artistic for particular audiences, to designers creating preliminary drafts and storyboards, generative synthetic intelligence is altering the way in which work will get performed.

Leonardo’s world-class know-how and foundational mannequin will supercharge Canva’s mission to empower each sort of skilled to show their concepts into designs instantly, resulting in quicker, extra revolutionary, and extra compelling visible communication.

Leonardo’s know-how will complement Canva’s Magic Studio, the corporate’s suite of AI instruments, which has been used greater than 7 billion instances because it launched in 2023. Up to now, Canva customers have elevated their design and inventive output leveraging Magic Studio for every part from summarising paperwork to creating photos and turning brainstorm whiteboards into fully-fledged shows.

Supercharging Canva’s AI Journey

Canva will proceed to spend money on Leonardo’s standalone platform whereas integrating its know-how all through the corporate’s suite of Magic Studio merchandise. Working with Leonardo’s workforce of 120 high-caliber researchers, engineers, and designers may also bolster Canva’s analysis and improvement capabilities as the corporate continues to spend money on long-term innovation alternatives.

Acquisitions have performed an necessary position in elevating and accelerating Canva’s know-how over the past decade. The acquisition of Leonardo is the corporate’s eighth acquisition, becoming a member of Affinity (2024), Flourish (2022), Kaleido (2021), Smartmockups (2021), Pexels (2019), Pixabay (2019) and Zeetings (2018).

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For extra particulars in regards to the acquisition, see Canva Co-Founder Cameron Adams weblog publish and Leonardo.Ai’s CEO JJ Fiasson’s weblog publish, respectively.

About Canva

Launched in 2013, Canva is a free on-line visible communications and collaboration platform with a mission to empower everybody on the planet to design. That includes a easy drag-and-drop consumer interface and an enormous vary of templates starting from shows, paperwork, web sites, social media graphics, posters, attire to movies, plus an enormous library of fonts, inventory pictures, illustrations, video footage, and audio clips, anybody can take an concept and create one thing lovely.

About Leonardo.Ai

Leonardo.Ai is certainly one of Australia’s fastest-growing startups, democratising creativity with its generative AI content material manufacturing platform. Since launching in 2022, the corporate has amassed greater than 19 million customers worldwide, who’ve generated over one billion photos. Leonardo.Ai is presently being utilized by each hobbyists and professionals throughout artistic industries reminiscent of promoting and advertising, design and structure, movie, style, pictures, e-commerce, training, and extra.

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Contacts

Canva Press Contacts
Lachlan Andrews: lachlan@canva.com (AU)
Olivia Johnson: oliviajohnson@canva.com (US)

Leonardo.Ai Press Contacts
Elizabeth Obee: elizabeth.obee@leonardo.ai

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