Canva To Hike Subscription Prices Up To 300% Amid AI Push

Canva, a popular online design platform, plans to significantly increase prices for some of its business subscriptions next year, citing the addition of generative AI features. The company's Teams subscription, which supports multiple users, will see price hikes of up to 300% in some regions. From a report: Subscribers to Canva Teams, which is targeted at businesses with several users, were emailed late last week to notify them of the price increase, which amounts to a three-times jump. A spokesperson for Canva said the price rise was due in part to the introduction of a number of new features on the Canva platform, including many powered by AI and generative AI.

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