--- title: Canva Acquires Leonardo.ai to Enhance Generative AI... description: Canva has acquired Leonardo AI, a generative AI startup, to bolster its AI capabilities. This move will integrate Leonardo's Phoenix foundation model and its... canonical: https://daily.dev/posts/canva-acquires-leonardo-ai-to-enhance-generative-ai-capabilities-ewsr0yrip twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: Canva Acquires Leonardo.ai to Enhance Generative AI Capabilities | daily.dev og:description: Canva has acquired Leonardo AI, a generative AI startup, to bolster its AI capabilities. This move will integrate Leonardo's Phoenix foundation model and its... og:url: https://daily.dev/posts/canva-acquires-leonardo-ai-to-enhance-generative-ai-capabilities-ewsr0yrip og:image: https://api.daily.dev/og/posts/EWsR0Yrip.png og:image:alt: Canva Acquires Leonardo.ai to Enhance Generative AI Capabilities og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Canva Acquires Leonardo.ai to Enhance Generative AI Capabilities **[Collections](https://daily.dev/sources/collections)** · 2 min read · 1 upvotes · 0 comments ## Summary Canva has acquired Leonardo AI, a generative AI startup, to bolster its AI capabilities. This move will integrate Leonardo's Phoenix foundation model and its text-to-image and text-to-video technologies into Canva’s offerings. Canva will also continue to invest in generative AI, committing $200 million to support content creators. The acquisition aims to enhance Canva’s design tools and accelerate its research and development efforts, strengthening its position in the competitive market. ## Content # Canva Acquires Leonardo AI to Enhance Generative AI Capabilities Canva has announced the acquisition of Leonardo AI, an Australian startup specializing in generative AI for creating images and art. This strategic move aims to integrate Leonardo's advanced technology into Canva's suite of AI products, notably the Magic Studio. ## Integration and Expansion The acquisition will see all 120 employees from Leonardo AI, including researchers, engineers, and designers, joining Canva. Leonardo's proprietary Phoenix foundation model, as well as its text-to-image and text-to-video technologies, will be incorporated into Canva's offerings. This integration will enhance Canva’s capabilities, providing its extensive user base with more sophisticated tools for creative expression. ## Operational Independence and Accelerated Development While Leonardo AI will continue to operate independently, Canva plans to leverage its resources to accelerate research and development, expand features, and improve user experiences. The acquisition is poised to diversify Canva’s product offerings, bolstering its position in the competitive landscape against other creative software giants like Adobe. ## Strategic Investment and Future Potential Canva has committed $200 million to support creators whose content is used in training its AI models. This acquisition exemplifies Canva’s ongoing strategy to invest in generative AI, following its previous acquisitions, including the Affinity design suite. By integrating Leonardo's technology and team, Canva aims to drive significant growth and innovation in its design tools, benefiting various industries beyond its core market. ## Conclusion The acquisition of Leonardo AI marks a pivotal step for Canva in advancing its generative AI efforts. By enhancing its AI-driven design tools with Leonardo’s pioneering technology, Canva continues to expand its creative empire, offering more advanced and versatile solutions for its global user base. ## Similar posts on daily.dev - [Don’t just attend KubeCon \+ CloudNativeCon, Merge Forward your experience\!](https://daily.dev/posts/don-t-just-attend-kubecon-cloudnativecon-merge-forward-your-experience--l0rpp73x8) · CNCF · 1 upvotes · 0 comments - [Announcing H2 2026 KCDs](https://daily.dev/posts/announcing-h2-2026-kcds-m96goajm1) · CNCF · 1 upvotes · 0 comments - [Two months of Open Community Groups](https://daily.dev/posts/two-months-of-open-community-groups-asf52zhbs) · CNCF · 0 upvotes · 0 comments - [CNCF Unveils Schedule for KubeCon \+ CloudNativeCon Europe 2026](https://daily.dev/posts/cncf-unveils-schedule-for-kubecon-cloudnativecon-europe-2026-ikhcoa5cb) · CNCF · 2 upvotes · 0 comments - [CNCF Debuts KubeCon \+ CloudNativeCon Japan 2026 Schedule](https://daily.dev/posts/cncf-debuts-kubecon-cloudnativecon-japan-2026-schedule-xp5pyudub) · CNCF · 1 upvotes · 0 comments --- Tags: [#tech-news](https://daily.dev/tags/tech-news), [#ai](https://daily.dev/tags/ai), [#startup](https://daily.dev/tags/startup), [#genai](https://daily.dev/tags/genai) [View this post on daily.dev](https://daily.dev/posts/canva-acquires-leonardo-ai-to-enhance-generative-ai-capabilities-ewsr0yrip) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"Canva Acquires Leonardo.ai to Enhance Generative AI Capabilities","url":"https://daily.dev/posts/canva-acquires-leonardo-ai-to-enhance-generative-ai-capabilities-ewsr0yrip","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/canva-acquires-leonardo-ai-to-enhance-generative-ai-capabilities-ewsr0yrip"},"datePublished":"2024-07-30T12:55:06.176Z","dateModified":"2024-07-30T16:59:03.871Z","description":"Canva has acquired Leonardo AI, a generative AI startup, to bolster its AI capabilities. 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