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Canva’s AI bill shock causes rare revenue downgrade
Canva made a big deal of its pivot to AI, but it has admitted it miscalculated how expensive it would be to make the shift, and reduced revenue targets.
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afr.com
Timeline cronologica
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Canva’s summer slump sets off jitters among staff
The privately owned company told investors it was experiencing strong revenue growth as of May, but the tech darling’s staff are sharing a more cautious story.
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Canva’s AI bill shock causes rare revenue downgrade
Canva made a big deal of its pivot to AI, but it has admitted it miscalculated how expensive it would be to make the shift, and reduced revenue targets.