Canva has launched what it calls the world’s first foundational AI model trained specifically to understand design, marking the Australian tech giant’s biggest evolution yet as it prepares for a blockbuster sharemarket listing within the next two years.

The company on Thursday night unveiled its Creative Operating System, bringing together over a decade of product development with new AI capabilities centred around the proprietary Canva Design Model - a foundational system trained to comprehend design logic, orchestrate layouts and generate fully editable content in seconds.

The development comes as Canva marches towards an initial public offering which is expected to make instant millionaires of some of its 5500 employees.

“We could certainly go out tomorrow if we wanted to,” Canva co-

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