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Adobe Inc surpassed Wall Street estimates for quarterly results and forecast on Thursday as the Photoshop maker's efforts to drive up demand with generative artificial intelligence (AI) integrations paid off.
Adobe Inc beats estimates and forecasts as generative AI integrations drive demand. Revenue growth and pending Figma deal in focus.
Adobe's spree to boost AI innovation has been evident by AI features being introduced into Acrobat, Express, Photoshop and Premiere Pro.
CFOs are even more cautious regarding taking greater risks.
Adobe Inc surpassed Wall Street estimates for quarterly results and forecast on Thursday as the Photoshop maker's efforts to drive up demand with generative artificial intelligence integrations paid... | June 15, 2023