Canva slashes AI rollout after cost surge forces revenue forecast cut
Canva trimmed its revenue‑growth outlook to 20%, a third lower than expected, after generative‑AI expenses outpaced its forecasts. Even after cutting per‑task AI costs by 90%, users are creating three‑times more designs, driving a costly inference bill. The scramble shows AI is eroding SaaS’s traditional low‑margin advantage.