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

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

Source: TokenPost