Story thread · 6 reports / 5 sources

Sobering markdown: Canva slashes valuation by $10b as AI reality bites

brisbanetimes.com.au · 30mShare

For years, Canva has been the undisputed darling of the local start-up scene, carrying the expectations of an entire industry.

First report: Canva was the rare startup that grew fast and made money—then AI costs slashed its growth forecast by a third — fortune.com, 1d