Leonardo AI is a tech-startup that leverages generative AI to create art and images using openly available Stable Diffusion AI models. Canva has not made public the financial terms of the acquisition deal. However, the giant graphic design company confirmed that the entire team at Leonardo will be joining its AI team.

Dynamic Field

The Canva-Leonardo AI collaboration will be instrumental in enabling Canva to maneuver the ever-changing graphic design space.

“This field is constantly evolving, and Leonardo’s technical leadership and community impact can’t be overstated. Bringing our worlds together will accelerate each of our teams’ work, taking us from strength to strength, and we can’t wait to get started,” Canva Co-Founder and Chief Product Officer, Cameron Adams said.

The new partnership is part of Canva’s long-term efforts to build its AI capabilities to enhance its competitiveness against emerging creative companies like Ideogram, Adobe, Midjourney, and Stability AI.

In 2019, Canva unveiled its background removal capabilities. However, the real push towards AI integration didn’t happen until 2022 when it acquired visual AI platform Kaleido and launched its Text-to-Image tool. Shortly after, Canva launched Magic Studio, its full-fledged AI tools suite. These tools have been used over seven billion times.

The new partnership enables Canva to leverage Leonardo AI generative offerings to continue advancing its mission.

In a statement posted on its website, Canva said, “With the addition of Leonardo, we’ll continue on our mission to lead innovation in the ever-evolving design and visual AI ecosystem.”

Leonardo’s Value Add

For two years now, Leonardo AI has been optimizing video and game asset production. Its founders wanted to cut down on long development cycles and high game and video production costs. The startup expanded its tech application to other areas including marketing, advertising, and product design.

Leonardo AI offers users unique features that include fine-grained control, real-time canvas, and character referencing to support direct creative generation. Within two years of launching, the platform has made significant headway in the highly competitive creative AI space.

“In a short time, the Leonardo team already has an impressive track record of innovation and excellence when it comes to AI-generated photos, graphics, and videos. Today, more than 19 million people use their products just two years after launching,” Canva added.

Opportunity to Scale

For Leonardo AI, Canva-Leonardo AI generative offerings present an opportunity to scale and grow its user base. Besides expanding its models and product features, Leonardo AI will leverage Canva’s wide reach to grow. Integration of its Phoenix model into Canva’s Magic Studio will give over 190 million Canvas users instant access to Leonardo’s novel AI technology.

“We will be using this acquisition to supercharge Leonardo’s platform and user growth, we also plan to rapidly integrate Leonardo’s leading technology and their Phoenix foundational model into our existing suite of Magic Studio products, such as our AI image and video generator: Magic Media⁠,” Canva said in its statement.

Integration of Leonardo’s technology and model into Canva’s product will allow the graphic design company to serve its customers better. Canva creators will be able to create compelling visuals and fast-track the creative and strategic aspects of their work.

The post Leonardo’s Acquisition to Bolster Canva’s Generative AI Efforts appeared first on Tech Research Online.

If you’re already bored of seeing those old Canva templates and designs, I wouldn’t say it’s just you. Pretty much all designers and content creators want to bring more creativity to your posters and presentations. And, we wouldn’t want you to miss out on it or stay inside that generic pool of boring posters and presentations!

Presenting the new Canva AI.

Early Days of the Tool & Inspiration Behind Canva AI

The Australian company, Canva started just over a decade ago with the idea of “Empowering the world to Design”. Ever since its journey as a design platform began, the tool has been all about versatility in terms of formats, designs, templates, and much…much more.

You could create presentations, social media posts, videos, basic animations, and even basic PDFs. Thanks to this history of evolution, we knew Canva was going to venture into AI.

But, we’re finally going to have a creative AI design tool that makes your designs much more accurate, creative, and innovative.

During Canva’s virtual create event, they announced a set of AI-Powered tools. Over 150 million users all over the world saw the live event and have been buzzing about the launch.

Are you also one of them, wondering about these magic tools?

New Canva AI Tools at Your Fingertips

There are 5 new features incoming with the launch of Canva AI. Here’s all we know:

1. Canva Magic Design Tool

Magic Design converts your thinking and ideas into templates of your choice instantly.

So, it is an AI-powered design generation tool that aims to change any kind of media into more innovative and interesting templates. All you need to do is give it some context and content.

It also helps in visualizing and refining your innovative ideas to live templates with the help of AI.

At first, they suggest eight templates that best fit your ideas, but you can further edit and design on your own if you are not satisfied enough with the suggestions.

2. Magic Edit – Adding and Replacing Anything You Want

Want to change the background design of your living room? Now, you can do it easily with this AI tool.

Say, if you want the design of your living room to be filled with daffodils instead of jasmine, then also you can edit that.

The main motive here, is to provide shape to your innovative ideas. And, with the Magic eraser, you can omit the part which is no longer needed. You can then replace it with whatever fits your ideas.

Simply put, you can brush off the area that you want to edit and type what you want to insert. Based on that, it will give you suggestions. Accordingly, you can use or edit that based on your interest.

3. Magic Write – The AI Text Generator

Wondering about what if you want your document in your regional language? Magic write can make it simpler for you! It comes in 21 different languages. Not only that this time you can use it across the entire Canva suite not just limited to Canva Docs.

It also helps you summarize your texts and fix grammatical errors you may have missed. You can also give a command about what you want it to do, and it will follow those instructions with the help of AI.

The most interesting part is that this service is available to you across all Canva project types. Starting from presentations to social media posters, Magic Write will get it done.

4. Beat Sync – The Online Audio-Video Syncing AI Tool

With the new generation getting more interested in short videos, Canva came up with Beat Sync. As the name suggests, it syncs music to beats for better audio quality.

All you need to do is choose a music track of your choice. Then, click on the waveform to see the Beat sync on the menu bar. Once you see it, select whether you want to manually mark beats for free or automatically sync music to videos with the paid version.

5. Text to Image Generator

Want to see a lion and a cockroach sitting at a coffee shop, having a one-to-one conversation? Text to Image generator will bring that to life, within seconds.

All you need to worry about is visualizing and writing a prompt about what you want to see. After that, wait for the magic to happen. A somewhat accurate visual representation of what you wrote will be there in front of you on the screen.

You can use this feature on all formats.

Is Canva AI Available on the Free Version? – Final Words

Just like the rest of the features, Canva offers different slightly rigid, more compact versions for the new Canva AI-based offerings.

If you can flush out some cash for the paid version, I’d say it’s worth the money! To be precise, $12.99/month at the base level.

Are you ready to give it a try? The New Canva AI features are surely on our calendar. You can stay tuned to see those posts on our Instagram @techresearchonline.

The post Canva AI – Unleashing Creativity with AI-Powered Design Tools appeared first on Tech Research Online.