tiprankstipranks
Canva Boosts AI Tools with Leonardo.Ai Acquisition
Company Announcements

Canva Boosts AI Tools with Leonardo.Ai Acquisition

Story Highlights

Stack Capital Group, Inc. (TSE:STCK) has released an update.

Don't Miss our Black Friday Offers:

Stack Capital Group Inc. has announced that Canva, one of its portfolio companies, has acquired the generative AI startup Leonardo.Ai, enhancing Canva’s Magic Studio suite with new AI capabilities for creating a broad range of images and videos. This strategic move is expected to accelerate innovation and expand Canva’s offerings to its global user base, leveraging Leonardo’s technology to deliver more powerful and innovative visual communication tools.

For further insights into TSE:STCK stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskStack Capital Completes $16.7 Million Fundraising
TipRanks Canadian Auto-Generated NewsdeskStack Capital Plans Share Buyback for Value Enhancement
TipRanks Canadian Auto-Generated NewsdeskStack Capital’s Q3-24 Results and Growth Moves
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App