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Canva Cut Revenue Growth Forecast to 20% as AI Costs Rose

Early investors reduced the company’s valuation to about $35 billion earlier this year.

By John Kim
Published
Modular workstations gathered around a shared cluster of empty chairs / TokenPost.ai (macro)
Modular workstations gathered around a shared cluster of empty chairs / TokenPost.ai (macro)

Canva lowered its revenue growth forecast to 20% from 30% to address rising artificial intelligence costs. The company’s earlier forecast was 30%.

Early investors cut Canva’s valuation to about $35 billion earlier this year.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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