Tag: acquisition

Canva’s acquisition of Leonardo.AI raises questions about past deepfake porn and guardrail rehab

Canva, the Australian graphic design platform with over 190 million monthly users, announced Monday that it plans to acquire Leonardo.AI, a popular Australian image generation startup that has raised nearly $39 million in funding, and would integrate its models into Canva’s generative AI tools. Upon hearing the news, I immediately recalled that the startup had […]

Cyber security startup Wiz reportedly rejects $23 billion acquisition proposal from Google

NEW YORK (AP) — Wiz has rejected a reported $23 billion acquisition proposal from Google parent Alphabet — as the cybersecurity startup pivots back to a previously-planned initial public offering, according to a company memo seen by CNBC and others. That ends the prospect of what would’ve been the most expensive acquisition in Google’s 25-year […]

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