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Event Brief

Canva Acquires Startups Amid AI Concerns

Canva purchases Cavalry and MangoAI to enhance its design tools as software stocks face AI-related challenges.
WHO: Canva
WHAT: Acquired two startups, Cavalry and MangoAI
WHEN: Feb 23, 2026 at 10:01 PM ET
WHERE: Location not specified
WHY: To enhance design capabilities and compete with Adobe
Sources (1): CNBC Top News

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