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Canva was the rare startup that grew fast and made money—then AI costs slashed its growth forecast by a third
Canva has spent years proving that it can do something many high-growth startups struggle to achieve: grow rapidly while making money. Then came generative AI. The design-software company cut its ...
Canva has cut its annual revenue forecast after conceding it could not afford to run the artificial intelligence suite it spent the year building. The Sydney-based visual communications darling’s ...
Emma Rapaport and Paul Smith reported the markdown for the Australian Financial Review on 14 August. The figure appears two ways and both are correct. It is $7.1bn in US dollars, and A$10bn, which is ...
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