Leonardo will continue to run independently of Canva with a focus on rapid innovation, research and development, now backed by Canva's resources. We'll keep offering all of Leonardo's existing tools and solutions. This acquisition aims to help Leonardo develop its platform and deepen their user growth with our investment, including by expanding their API business and investing in foundational model R&D.
Leonardo.ai offers collaboration tools and a private cloud for models including video generators, as well as access to APIs that let customers build their tech infrastructure on top of Leonardo.ai's platform.
Leonardo.ai differentiates by providing users control; the Live Canvas feature allows entering text prompts and sketching, creating photorealistic images in real time based on these prompts.
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