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 […]