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Blackbird and Airtree revalue Canva at $34.9B, down from $42B in 2025, as it struggles in the AI era; Canva's internal valuation falls to $31B, down from $38.9B (Australian Financial Review)

Canva and two of its longest-standing Australian backers have wiped over $10 billion ($US7.1 billion) off the design software giant's valuation …

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Just like with the yen, America cannot save the AI bubble

Just like with the yen, America cannot save the AI bubble

In a rare intervention, the US has propped up the Japanese yen. The move is seen as a bid to hold off a further rise in yields for US government bonds – amid Japan’s sell-off of US Treasuries to fund its shoring up of the yen – a rise that threatens the US artificial intelligence bubble.

Just like with the yen, America cannot save the AI bubble

Just like with the yen, America cannot save the AI bubble

In a rare intervention, the US has propped up the Japanese yen. The move is seen as a bid to hold off a further rise in yields for US government bonds – amid Japan’s sell-off of US Treasuries to fund its shoring up of the yen – a rise that threatens the US artificial intelligence bubble.

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