Canva, a world chief in visible communication with greater than 190 million month-to-month lively customers, introduced plans to accumulate Leonardo.AI, an Australian generative AI content material and analysis firm.
The acquisition enhances Canva’s providing and enhances the corporate’s imaginative and prescient to construct a set of visible AI instruments. It would speed up Canva’s funding in continued analysis and improvement whereas bringing Leonardo’s foundational mannequin to Canva’s group worldwide. From creating belongings for advertising and marketing and promoting campaigns, to visualizing beautiful inside ideas, refining mockups, and producing dynamic movies, Leonardo’s know-how has been used to provide a couple of billion pictures within the final 18 months.
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 researchers, engineers, and designers may even bolster Canva’s analysis and improvement capabilities.
Based in late 2022 by JJ Fiasson, CEO, Leonardo creators to generate pictures in any chosen aesthetic in seconds with easy prompts, create movies, sketch with AI, and custom-train fashions with their very own datasets.
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 and marketing, design, leisure, structure, trend, e-commerce and training.
Launched in 2013, Canva is a free on-line visible communications and collaboration platform that includes a drag-and-drop consumer interface and an unlimited vary of templates starting from displays, paperwork, web sites, social media graphics, posters, attire to movies, plus an enormous library of fonts, inventory pictures, illustrations, video footage, and audio clips.
FinSMEs
31/07/2024
