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Canva has doubled down on its artificial intelligence design prowess, taking over a Sydney firm for an undisclosed sum ahead of a potential IPO and as Microsoft nips at its heels.
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The Australian
 

Good afternoon,

Welcome to your twice-weekly look at how generative AI is transforming the way we live, work and play – plus the latest news and analysis.

Australian tech darling Canva has doubled down on its artificial intelligence design prowess, taking over Leonardo.AI ahead of a potential public listing and as Microsoft nips at its heels with its own visual communications app.

Artificial intelligence-powered ‘agents’ and their interactions with customers are now being used to train their human colleagues.

A $240,000 report into the performance of the South Australian Venture Capital Fund – which was set up six years ago and backed AI ventures including Fivecast – may never get released. We reveal why. 

Let me know what you think — lynchj@theaustralian.com.au
Jared Lynch
Technology editor
TAKEOVERS
Canva takes over design rival as threat looms from Microsoft
Canva has doubled down on its artificial intelligence design prowess, taking over a Sydney firm for an undisclosed sum ahead of a potential IPO and as Microsoft nips at its heels.
DIGITAL WORKFORCE
Your robot colleague now training you
Companies are beginning to train human staff based on the interactions of artificial intelligence agents and customers, further paving the way for the rise of AI-powered workforces.
COMMENTARY
How to prevent AI from ‘hallucinating’
Artificial intelligence is at times delivering results that are disastrously incorrect but there are things that can be done to prevent this, says Snowflake’s Theo Hourmouzis.
CAPITAL
Report on $50m South Australian VC fund under wraps
The state government is sitting on a $240,000 report into the performance of South Australia’s $50m venture capital fund, and it might never be fully released.
COMMENTARY
Family offices should look offshore for maximum impact
What is behind a rapid growth in the number of family offices over the past decade, apart from having many more homegrown successful entrepreneurs?
ANALYSIS
Will artificial intelligence trigger a nuclear war?
New military technologies are making the world a more unstable and dangerous place.

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