Canva was the rare startup that grew fast and made money—then AI costs slashed its growth forecast by a third
Fortune 31
Canva cut its planned revenue growth rate after the high cost of delivering generative AI features slowed its AI rollout. The forecast was reduced by a third to 20%. Canva says it reduced cost per AI task by nearly 90% since April’s Canva AI 2.0 while it rebuilds its architecture to improve unit economics and support broader workplace-product expansion.