Canva Acquires Leonardo - Is a Wave of AI M&A Coming?

Canva has acquired AI image generation company Leonardo, marking its second major acquisition this year. What does this mean for the AI startup space and the future of M&A in the industry? Explore the implications of this deal and the potential for increased consolidation in the AI market. Stay updated with the latest in AI by following the AI Daily Brief. Concerned about being spied on? Tired of censored responses? AI Daily Brief listeners receive a 20% discount on Venice Pro. Visit ⁠⁠⁠⁠⁠https://venice.ai/nlw ⁠⁠⁠⁠ and enter the discount code NLWDAILYBRIEF. Learn how to use AI with the world's biggest library of fun and useful tutorials: https://besuper.ai/ Use code 'podcast' for 50% off your first month. The AI Daily Brief helps you understand the most important news and discussions in AI. Subscribe to the podcast version of The AI Daily Brief wherever you listen: https://pod.link/1680633614 Subscribe to the newsletter: https://aidailybrief.beehiiv.com/ Join our Discord: https://bit.ly/aibreakdown