Canva's AI bill shock: The $60B startup learns AI costs don't scale like features

AI will transform every Australian business, but the compute bill arrives before the revenue does — and even the smartest companies didn't read the meter.

Evidence For

• Canva, Australia's most valuable tech company at $US42 billion, missed revenue guidance for Q2 after underestimating the cost of running frontier AI models across its product suite. Revenue hit $921.9 million, up 25.2 per cent year-on-year, but still fell short of earlier targets — a rare stumble for a...