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Freepik rebrands as Magnific: a bootstrapped, profitable $230M ARR AI creative platform
The new name unifies what was previously fragmented across Freepik (stock assets), Magnific (AI upscaling), and several other products. One million paying subscribers. 250 enterprise customers, includ [...]
Adobe embeds agentic AI workflows across Creative Cloud, shifting from media generation to production orchestration
Adobe has announced a major expansion of its "creative agent" across its flagship Creative Cloud suite and upgraded Firefly AI studio. Available in public beta starting today across Premiere [...]
Adobe’s new Firefly AI Assistant wants to run Photoshop, Premiere, Illustrator and more from one prompt
Adobe today launched its most ambitious AI offensive to date, unveiling the Firefly AI Assistant — a new agentic creative tool that can orchestrate complex, multi-step workflows across the company&# [...]
Why IT leaders should pay attention to Canva’s ‘imagination era’ strategy
The rise of AI marks a critical shift away from decades defined by information-chasing and a push for more and more compute power. Canva co-founder and CPO Cameron Adams refers to this dawning time a [...]
Black Forest Labs launches Flux.2 AI image models to challenge Nano Banana Pro and Midjourney
It's not just Google's Gemini 3, Nano Banana Pro, and Anthropic's Claude Opus 4.5 we have to be thankful for this year around the Thanksgiving holiday here in the U.S.No, today the Germ [...]
Meta now lets you invite people for virtual hangouts in Hyperscape Capture spaces
Meta is rolling out a way for people to interact together in its virtual spaces. Users will now be able to invite friends to hang out in the spaces created with Hyperscape on Meta Horizon. Up to eight [...]