AI costs slash Canva growth forecast by a third

Canva's growth forecast was cut by a third due to surging AI costs, highlighting how artificial intelligence expenses are disrupting traditional SaaS business models for companies like Canva and Figma.

• Canva's growth forecast was slashed by a third due to AI costs.
• Analysts note AI is disrupting traditional SaaS business models for major players like Canva and Figma.