Canva Ships, Agents Surge

By the Orchestra editors · 4 min read

TL;DR

Canva launches its first in-house image generation model, Canva Craft
OpenAI ships its Decisions API and raises at a $1.25T valuation ahead of IPO
1Password builds agent-friendly auth so AI can log in without seeing your password
Australia's first semiconductor roadmap calls for $20B in policy investment

AI · Product Launches

Canva releases Canva Craft, its first in-house image model

The Australian-founded design giant launched Canva Craft, a two-stage image generation model that plans a design before generating it. It supports 2K resolution across 30+ aspect ratios and is available to all users, competing directly with OpenAI and Google offerings.

OpenAI ships the Decisions API for fast, low-cost app logic

A new API aimed at embedding quick, focused decisions into applications without full model calls. It's the production version of the decision model OpenAI had been previewing, now widely available to developers.

1Password lets AI agents authenticate without ever seeing your password

A new feature gives AI agents the ability to log into services on your behalf while keeping credentials hidden from the agent itself. Timely given US banks are already blocking agents that use raw customer credentials.

AI · Business & Markets

OpenAI targets $1.25T valuation in $30B raise ahead of IPO

The round would make OpenAI the most highly valued private company in history. The fundraise comes as AI stocks broadly sold off, with the Nasdaq dropping 2.6% on concerns about infrastructure spending costs.

DeepSeek raises $15B days after US federal ban

One of China's largest ever funding rounds lands just days after US agencies were ordered to remove DeepSeek technology over national security concerns. The raise underscores the widening split in the global AI supply chain.

Australian Tech

Australia's first semiconductor roadmap calls for deliberate policy action

Backed by Deloitte modelling, the roadmap says Australia's semiconductor sector could add $5.3B to GDP and 10,000 jobs by 2040, but only with targeted funding for workforce and infrastructure. Policymakers face a $20B investment decision.

Cuttable raises $20M Series A for AI-powered ad automation

Founded by A Cloud Guru's Sam Kroonenburg, the Australian startup is expanding into "ads that learn" from performance data. The round will fund its push into automated social media ad creation at scale.