Entrenching generative AI into Adobe's imaginative package ecosystem is paying off, according to nan company's latest earnings. While its stock value has fallen by much than 37 percent this twelvemonth astatine nan clip of writing, Adobe is reporting a bump successful yearly profits driven by grounds gross of $23.77 cardinal for 2025 - an 11 percent summation year-over-year that it's mostly attributing to AI.
"Adobe's grounds FY2025 results bespeak our increasing value successful nan world AI ecosystem and nan accelerated take of our AI-driven tools," said Adobe CEO Shantanu Narayen successful nan property release. The institution is now targeting to summation yearly recurring gross ( …
Read nan afloat communicative astatine The Verge.
3 weeks ago
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