Canva has cut its revenue growth forecast by a third to 20% after unexpectedly high AI costs forced the design-software company to slow its rollout of generative AI features. CEO Melanie Perkins said user demand for AI features "significantly exceeded" expectations, prompting Canva to rebuild its architecture and reduce unit costs before a broader rollout. The company has reduced cost per AI task by nearly 90% since launching Canva AI 2.0 in April. The issue reflects a wider challenge across the software industry. AI is breaking the traditional software-as-a-service model by introducing substantial recurring inference costs, undermining the zero-marginal-cost economics that previously drove profitability. Figma faces similar pressures, with its free-cash-flow margin falling from 27% to 14% between the first and second quarters. The timing is significant as Canva evaluates a potential IPO following a $42 billion employee share sale valuation last year.

ParentSquare has launched a Canva integration with Studio Editor, becoming the first K-12 family engagement platform to connect Canva across both communications and websites. The integration allows teachers and staff to import Canva designs directly into ParentSquare's newsletter tool without switching platforms. The feature works within Studio Editor's existing image workflow, requiring no additional training. Imported designs can be cropped, resized, and linked like standard images, with prompts for accessibility alt text. ParentSquare serves over 42,000 schools reaching 22 million students across the US. Canva Education is used by more than 100 million teachers and students globally. The integration is available now. Districts can enable it for all staff members using Studio Editor in ParentSquare.

Robinhood Ventures Fund I announced it has closed an investment in Canva. On June 24, 2026 RVI purchased approximately $25 million of Class A Common Stock of Canva.