Canva has increased prices for its Teams product
Canva is significantly increasing prices for some U.S. Teams subscribers, attributing the rise partly to generative AI costs.
MAIN POINTS
- Canva Teams' five-person plan price jumps from $119.99 to $500 annually.
- The price increase is attributed to generative AI expenses.
- A 40% discount is offered to affected subscribers.
TAKEAWAYS
- Canva's pricing changes reflect the impact of AI on operational costs.
- Customers on older plans face substantial price hikes.
- Discounts are available to mitigate the financial impact on subscribers.