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