Canva in AI acquisition spree amid global software sell-off
Summary
Canva has acquired two AI companies to drive growth and bolster its product capabilities. The deals come amid a global software sell-off and AI-driven market volatility that has wiped billions from public peers. Canva remains one of the few major Australian tech firms that has not ruled out a Nasdaq listing this year. The recent pullback by Rokt underscores market uncertainty even as Canva pursues strategic AI investments.
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