Leonardo.AI had a bumper 2024. In June it released Phoenix, Australia’s first generative AI foundational model. In July, the company was acquired by Canva – and over the last month, Leonardo shipped its latest product, Flow State.
An Australian generative AI platform that raised $47 million last year has been snapped up by design juggernauts Canva, but the numbers are hush-hush.
An Australian generative AI content production platform, Leonardo.Ai, has already amassed 7 million global users – who are creating 4.5 million images each day on its platform. Now, it’s raised $47 million to keep users creating.