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Canva Hikes Prices for AI Features

Canva attributes this sharp rise to its expanded suite of AI-powered tools, including the new Magic Studio feature
September 9, 2024

Canva is making headlines with a substantial price increase for its Canva Teams subscribers. For those on older pricing plans, the cost of a five-person subscription is skyrocketing from $119.99 per year to a staggering $500 per year—an eye-watering 300% hike. To ease the transition, Canva is offering a 40% discount for the first year before the new rates kick in. The company attributes the price jump to its expanding suite of AI-powered design tools, including the innovative Magic Studio.

In other news, Google Photos is rolling out a new AI-driven search feature. Leveraging Google's Gemini AI model, the new Ask Photos function allows users to search their photo libraries using natural language queries. This means you can now ask questions like, "What did I eat the last time I visited X restaurant?" or "What was the theme of my child's last birthday party?"—and get answers based on your photos and metadata.

Meanwhile, Ilya Sutskever’s AI startup, Safe Superintelligence (SSI), has just raised over $1 billion in funding. Sutskever, who previously led OpenAI's Superalignment team, left the organization amid a high-profile communication breakdown. SSI’s impressive funding marks a significant milestone as it moves forward in AI safety research and development. 

With these major developments, the tech landscape is buzzing with changes that could impact both consumers and the industry at large.

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