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Canva is implementing a significant price hike for its Teams subscribers, with a staggering 300% increase for a five-person plan, escalating from $119.99 to $500 annually. This change is set to take effect after a 40% discount for the first year. The company cites its enhanced suite of AI-powered design tools, including Magic Studio, as justification for the increase.
In addition to Canva's price changes, Google Photos is rolling out a new AI-driven search feature that allows users to query their photo libraries using natural language. This feature leverages Google's Gemini AI model to understand photo content and metadata, enhancing user experience. Meanwhile, Ilya Sutskever's startup, Safe Superintelligence, has raised over $1 billion, highlighting the ongoing investment in AI safety and development.
• Canva increases subscription prices by 300% for Teams users.
• Google Photos introduces AI-powered search using natural language queries.
Canva's price increase is attributed to the introduction of these advanced design features.
Google Photos employs this technology to improve photo search capabilities.
Ilya Sutskever's startup, Safe Superintelligence, is dedicated to advancing AI safety research.
The company is increasing its subscription prices to support the development of AI-powered design features.
The company has recently raised over $1 billion to further its mission in AI safety.
Isomorphic Labs, the AI drug discovery platform that was spun out of Google's DeepMind in 2021, has raised external capital for the first time. The $600
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