Design software giant Canva backs Australia’s banking system, storing the bulk of the company’s $750 million war chest onshore in local institutions.
“If you’re not embracing AI as part of your general business workflows, like any productivity tool, you’re going to be left for dead,” Mr Obrecht said.
Adobe rolled out a beta version of a product called Firefly on Wednesday, which is a collection of AI models that will be integrated into Adobe Express, Photoshop and Illustrator. “There are probably some updates to legislation needed. We would argue we want to move to a place where creators are rewarded for what they create, and where people have certainty over what they can do with what they get out of an AI.”
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