Adobe Delivers More Power And Precision Across Creative Cloud With Latest AI Powered Release
Portfolio Pulse from Benzinga Newsdesk
Adobe (NASDAQ:ADBE) announced over 100 major innovations and updates across Creative Cloud at Adobe MAX, the world's largest creativity conference. The updates include AI-powered features in Adobe Illustrator, Adobe Photoshop, Adobe Lightroom, Adobe Premiere Pro, Adobe After Effects, and Adobe Stock. Adobe also introduced new Firefly-powered workflows in Illustrator and Adobe Express. The company also announced the general availability of Photoshop on the web, AI-powered Text-Based Editing in Premiere Pro, and Roto Brush in After Effects.
October 10, 2023 | 4:02 pm
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POSITIVE IMPACT
Adobe's announcement of over 100 major updates across Creative Cloud, including AI-powered features and new Firefly-powered workflows, could potentially boost the company's stock in the short term. The general availability of Photoshop on the web could also attract more users, potentially increasing Adobe's revenues.
The announcement of major updates and innovations in Adobe's Creative Cloud suite of products, including AI-powered features and new Firefly-powered workflows, could potentially attract more users and increase usage among existing users. This could lead to increased revenues for Adobe, which could positively impact the company's stock price in the short term. The general availability of Photoshop on the web could also attract more users, further boosting Adobe's revenues.
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