Sydney AI Start-Up Leonardo.Ai Aims to Follow in Canva's Footsteps

The team behind the Sydney-based generative AI company Leonardo.Ai is feeling good about being compared to Canva, a design software giant. In their debut interview with the Australian media, the company's young leaders expressed their goal to transform Leonardo.Ai into a company worth billions.

Rising Star in Generative AI

Leonardo.Ai is making waves in the AI world with its cutting-edge generative software, which enables users to create over 700 million images to date. This places them at the centre of one of the hottest trends in tech, with potentially significant impacts on the industry.

Building a Platform for Professionals

Jachin Bhasme, the COO of Leonardo.Ai, shared the initial awe at the advancements in generative AI, which kick-started the idea of a business focused on professional use. The company prioritized providing users with a higher degree of control over AI-generated content, moving beyond the novelty of AI as a mysterious tool.

An Ambitious Team and an Expanding Vision

With a unique team of six co-founders, Leonardo.Ai was developed and launched on Christmas Eve 2022. The product was originally meant for game studios to create assets matching their style using their own IP. It has since evolved into a versatile platform for various industries, from marketing to fashion and architecture.

Creating a Global Community

Leonardo.Ai has quickly grown one of the world's largest generative AI communities, boasting the third-most popular Discord channel with over 1.8 million members. They've created a user-friendly platform for generating ideas and realistic images for various applications.

Investor Attraction and Ethical Considerations

The start-up has drawn attention from investors and has been likened to Canva for its potential. The founders have remained silent on investor details and valuation, but the company's growth prospects remain a topic of enthusiasm. Ethical concerns and the misuse of AI are also 'front of mind' for the company, with preventive measures set in place.

Technology Backbone and Future Prospects

Leonardo.Ai's infrastructure is supported by Amazon Web Services, which they chose for its scalability and familiarity among their engineers. Bratin Saha, an AWS executive, notes that generative AI holds massive potential for growth, paralleling the early days of cloud computing. Looking ahead, Leonardo.Ai and its supporters envision a marathon of progress in the field.

AI, startup, growth