A key benchmark measuring the health of Canva’s underlying business ended July flat, year-on-year. Its early August numbers slumped further.

Executives at Canva, the design software app with more than 200 million users, had high hopes for a rollout of AI tools that marked the biggest product launch in the startup’s…

The company has reportedly slashed its revenue forecast for 2026 by a third after relying too heavily on frontier models from other providers to drive AI features on the platform.…