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Adobe's failed Figma deals leaves the company with $6B in cash to invest in AI and stock buybacks, but upstart rivals still represent a threat t


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2023-12-19 11:42:09
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Cybersecurity Business

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Bloomberg:

Adobe's failed Figma deals leaves the company with ~$6B in cash to invest in AI and stock buybacks, but upstart rivals still represent a threat to its growth  —  - Startups like Canva, Figma and OpenAI remain a risk to growth  — Investors banking on AI to boost Adobe's customers and sales




Bloomberg:

Adobe's failed Figma deals leaves the company with ~$6B in cash to invest in AI and stock buybacks, but upstart rivals still represent a threat to its growth  —  - Startups like Canva, Figma and OpenAI remain a risk to growth  — Investors banking on AI to boost Adobe's customers and sales



Source: TechMeme
Source Link: http://www.techmeme.com/231219/p7#a231219p7


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