Neither Canva nor Leonardo.AI or its backers wanted to talk about the dowry paid for their marriage, but documents from key investor Blackbird Ventures suggest the acquisition deal cost is north of $320 million. Details are beginning to emerge about what when down following the surprise announcement this week that the Sydney-based generative AI startup… Read more »
The generative AI company many believed would become a tech unicorn is instead being acquired by one, with design platform Canva snapping up content and research startup, Leonardo.AI. The deal price and terms have not been disclosed, so it’s not not how much is cash and/or Canva shares ahead of its IPO plans, but it’s… Read more »
The text-to-image generator developed by Sydney startup Leonardo Ai has been used to create deepfake porn of celebrities. Journalist Emanuel Maiberg at US tech news website 404 Media reported that they had used prompt suggestions for Leonardo found on Reddit “and was able to produce nonconsensual sexual images of celebrities instantly”. He found a Telegram community… Read more »
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