Recently announced the acquisition of British software developer and publisherAffinityCanva,AnnounceAcquired Leonardo.ai, a company specializing in generative artificial intelligence technology, to establish a presence in the market for vision-related artificial intelligence applications.
Leonardo.ai was founded in 2022. Its initial business focused on creating game scenes, and later expanded to the development of automatically generated artificial intelligence applications in industries such as fashion, advertising, and architecture.
After the acquisition by Canva, Leonardo.ai's 120 employees will be incorporated into the Canva team, but its services will continue to operate independently, and its related artificial intelligence technology will also be integrated into Canva's artificial intelligence tool Magic Studio.
In addition to acquiring Leonardo.ai, Canva has also previously acquired companies such as Kaleido and Magic Write to expand the application development of automatic generative artificial intelligence technology and cater to the current trend of content creation and design needs connected with artificial intelligence technology.
