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2024-07-31 13:50:11
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Canva Announces Acquisition of Generative AI Tool Leonardo.ai
Online design platform Canva has announced its plan to acquire Australia-based generative AI content and research startup Leonardo.ai, as part of its goal to build a 'world-class visual AI toolkit.' While the financial terms of the deal have yet to be disclosed, Canva will gain access to a range of user-customizable text-to-image and text-to-video generators from Leonardo.ai.