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Ideogram was founded in 2022 by Mohammad Norouzi, William Chan, Chitwan Saharia, and Jonathan Ho to develop a better text-to-image model. [3]It was first released with its 0.1 model on August 22, 2023, [4] after receiving $16.5 million in seed funding, which itself was led by Andreessen Horowitz and Index Ventures.
On December 7, 2022, Canva launched Magic Write, which is the platform’s AI-powered copywriting assistant. [33] On March 22, 2023, Canva announced its new Assistant tool, which makes recommendations on graphics and styles that match the user's existing design. [34] On January 11, 2024, Canva launched its own GPT in OpenAI's GPT Store. [35]