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It Will Take a While Before Adobe Unlocks Its AI-Enhanced Creativity Potential

On Thursday, Adobe Inc (NASDAQ: ADBE) reported its fiscal third quarter earnings with top and bottom lines exceeding Wall Street estimates. But shares of the Photoshop and Acrobat maker fell 3.4% due to a muted guidance and Adobe’s indication it may take longer for AI price increases to make their way to the bottom line, with these two headwinds overshadowing solid quarterly performance results. Third Quarter Highlights For the quarter that ended on September 1st, revenue rose 10% YoY to ...
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Source: yahoo.com

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Adobe rolls out AI features, plans for price hikes and payouts, ET Telecom

Adobe is promising businesses the content its systems generate will be legally safe to use, which has become a contentious issue as content creators challenge technology firms in court over whether they are owed royalties for the use of their work in "training" AI systems. Adobes system is based on content that it either has rights to or is in the public domain, and the company is offering a financial indemnity to its customers to back up its claims.
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