Sources: Canva slashed revenue growth forecast as heavy use of new AI features drove up costs and slowed their rollout, while more Canva users turned to ChatGPT (The Information)
Canva reportedly cut its growth forecast as AI feature costs rose and ChatGPT increasingly competed for design workflows.
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<a href="https://www.theinformation.com/articles/canva-hits-ai-speedbump-costs-chatgpt-competition"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260806/i51.jpg" vspace="4" /></a>
<p><a href="https://www.techmeme.com/260806/p51#a260806p51" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> <a href="https://www.theinformation.com/">The Information</a>:<br />
<span style="font-size: 1.3em;"><b><a href="https://www.theinformation.com/articles/canva-hits-ai-speedbump-costs-chatgpt-competition">Sources: Canva slashed revenue growth forecast as heavy use of new AI features drove up costs and slowed their rollout, while more Canva users turned to ChatGPT</a></b></span> — Executives at Canva, the design software app with more than 200 million users, had high hopes for a rollout of AI tools that marked … </p>
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