Adobe sees upbeat annual results on AI, design software strength

Adobe forecast fiscal 2026 revenue and profit above Wall Street expectations on Wednesday, signaling strong demand for the Photoshop maker’s design tools and increasing monetization for its artificial intelligence offerings.

Since the launch of ChatGPT in 2022, Adobe has made heavy bets on generative AI with its Firefly tool, which can be integrated across the company’s Creative Cloud suite to create images and videos, in an attempt to draw users in.

Read more

You may also like

Comments are closed.

More in IT