Jesus Diaz / Fast Company : Canva launches Magic Layers, an AI tool that turns a flat bitmap image into a fully editable Canva project by...
Canva launches Magic Layers, an AI tool that turns a flat bitmap image into a fully editable Canva project by extracting text and objects into individual layers — The newly launched Magic Layers feature dissects flat images into native objects, putting an end to the frustrating era of pixel-locked assets.
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WhatsApp adds parent-managed accounts for users under the age of 13 and says the accounts will not get access to features like Meta AI, Channels, or Status — WhatsApp launched a new set of parent-supervised accounts for users under the age of 13 on Wednesday.
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Revolut says it has secured a full banking license from UK regulators after a four-year wait, allowing the company to expand lending to its 13M UK customers — Permit is crucial to growth strategy of Europe's most valuable fintech — Revolut has secured a full banking licence from UK regulators …
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Rivian CEO RJ Scaringe's Mind Robotics, which is building AI-powered factory robots, raised $500M led by Accel and a16z, source says at a $2B valuation — Mind Robotics is building factory robots, joining up with the electric-vehicle maker on training and testing
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Online DTC luxury brand Quince raised a $500M Series E led by Iconiq at a $10.1B valuation; it recently launched in Canada and its revenue topped $1B in 2025 — The quickly growing company's revenues topped $1 billion last year. — Quince has a fresh infusion of cash.
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Axiamatic, which offers an “agentic control plane” to manage large-scale enterprise transformations, emerges from stealth with $54M from Greylock and Bessemer — Enterprise transformations are one of the biggest line items in corporate budgets—and one of the easiest ways to light money on fire.
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Kai, which is developing an AI-enabled cyber platform, raised $125M in a combined seed and Series A round led by Evolution Equity Partners — The year-old firm joins a surge of new ventures cashing in on booming investor demand for smart cyber tools — Kai, an artificial intelligence …
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Meta unveils four new chips, the MTIA 300, MTIA 400, MTIA 450, and MTIA 500, set to launch by the end of 2027; the MTIA 300 is in production for content ranking — Meta Platforms Inc. plans to deploy four new generations of its in-house artificial intelligence chips by the end of 2027 …
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Investors flee to Magnificent Seven stocks due to the US-led war in Iran; tech is up 1.5% from February 27, the only S&P 500 sector to rise since the strikes — Megacap companies previously out of favour now seen as ‘safety assets’ — Investors have sought shelter from the turmoil …
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Spotify says artists from 75 countries made $500K+ in royalties in 2025, up from 66 in 2024; ~50% of an average artist's streams came from outside their country — “The takeaway here is that music has become increasingly borderless,” Spotify's Joe Hadley says of the company's latest loud and clear report released Wednesday
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