{"id":854814,"date":"2026-08-14T09:30:09","date_gmt":"2026-08-14T09:30:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/854814\/"},"modified":"2026-08-14T09:30:09","modified_gmt":"2026-08-14T09:30:09","slug":"canva-valuation-slashed-by-backers-blackbird-and-airtree-as-ai-costs-pile-up-2","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/854814\/","title":{"rendered":"Canva valuation slashed by backers Blackbird and Airtree as AI costs pile up"},"content":{"rendered":"<p>Canva and two of its longest-standing Australian backers have wiped $US7.1 billion ($10 billion) from the design software giant\u2019s valuation as it struggles to find its feet in the artificial intelligence era.<\/p>\n<p>The downgrades from Blackbird Ventures and Airtree are surpassed by an internal valuation cut by Canva, and come a week after the company cut revenue growth expectations <a href=\"https:\/\/www.afr.com\/link\/follow-20180101-p60kzm\" rel=\"nofollow noopener\" target=\"_blank\">after finding it difficult to roll out AI-powered tools<\/a> given the soaring cost of using frontier models.<\/p>\n<p>Loading&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"Canva and two of its longest-standing Australian backers have wiped $US7.1 billion ($10 billion) from the design software&hellip;\n","protected":false},"author":2,"featured_media":854558,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[256,254,255,64,63,105],"class_list":["post-854814","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-au","tag-australia","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/854814","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=854814"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/854814\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/854558"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=854814"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=854814"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=854814"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}