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Singaporean PM Calls for Calm and Unity After Priest Stabbed at St Joseph’s Church

Singaporean Prime Minister Lawrence Wong has urged the public to remain calm and united following a knife attack on Father Christopher Lee , a priest at St Joseph’s Church in Bukit Timah on Saturday. In a social media post, Wong expressed his shock and sadness over the attack, emphasizing that violence has no place in the country. He also called for support and solidarity, stating, "We must uphold the safety and sanctity of our places of worship." The incident occurred during the 5:30 pm Mass , when a 37-year-old Singaporean Sinhalese man , armed with a knife, attacked Father Lee. Fortunately, several parishioners managed to disarm the suspect before he could cause further harm. The assailant, who has a history of serious offenses and drug-related crimes, was arrested by police. Preliminary investigations suggest the attack was not terrorism-related, and the suspect acted alone. Father Lee is currently receiving treatment at National University Hospital and is in stable co
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Canva to Acquire AI Startup Leonardo.ai in Bid to Challenge Adobe

Canva Inc is set to acquire image generation startup Leonardo.ai, marking its second acquisition this year as it aims to compete with creative software leader Adobe Inc.

This deal will allow Canva to integrate Leonardo.ai’s video and image generation models into its own products. The acquisition, finalized in about a month, is Canva’s fastest to date, according to co-founder Cameron Adams. This follows Canva's recent acquisition of the Affinity suite of software, popular with Apple Inc Mac users.

Leonardo.ai, founded in 2022 and backed by Canva investor Blackbird Ventures, raised $31 million last year. Its 120-person team develops software that helps users generate and edit images online using text prompts. Over the past 18 months, users have created over a billion images on its platform.

Canva, valued at $26 billion this year, is expanding its AI tools to attract Adobe’s enterprise customers and boost revenue growth. Canva’s recent acquisitions include visual AI startup Kaleido.ai and image providers Pexels and Pixabay.

Founded a decade ago by Cameron Adams, Cliff Obrecht, and Melanie Perkins, Canva has grown into a major competitor to Adobe. Despite Adobe’s addition of AI features, its shares have dropped over 10% this year after a $20 billion deal to acquire Figma fell through.

Canva has long been viewed as a potential candidate for going public but has not disclosed any concrete plans. The company recently completed a $2.5 billion secondary share sale, according to COO Obrecht.

Key Takeaways:

  • Canva acquires Leonardo.ai to enhance its AI capabilities.
  • The deal was finalized in about a month, Canva’s quickest acquisition yet.
  • Leonardo.ai’s team of 120 focuses on AI image and video generation.
  • Canva aims to attract Adobe’s enterprise customers with new AI tools.
  • Canva has acquired eight companies, including Affinity and Kaleido.ai.
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