all AI news logo
all AI news - Your AI news aggregator
Log in Sign up
all AI news

Adobe Has $6 Billion for AI and Buybacks After Figma Deal Collapses

Add to bookmarks
Dec. 18, 2023, 11:26 p.m. | Brody Ford, Katie Roof

Bloomberg Technology bloomberg.com

Adobe Inc.’s failed merger with Figma Inc. leaves the software company with about $6 billion in cash that it will likely use to accelerate artificial intelligence development and buy back stock.

adobe artificial artificial intelligence billion deal development figma intelligence merger nms:adbe software stock will

Visit resource

More from bloomberg.com / Bloomberg Technology

Apple Nears Deal With OpenAI to Put ChatGPT on iPhone 20 hours ago | bloomberg.com
agreement apple apple inc artificial +14
OpenAI COO Says It’s Too Soon to See AI’s Full Impact on Economy 1 day, 1 hour ago | bloomberg.com
bigger coo economy expect +4
US Targets China EVs With Tariffs, More Tech Earnings | Bloomberg Technology 1 day, 2 hours ago | bloomberg.com
akamai apple batteries bloomberg +12
OpenAI to Announce ChatGPT Product Updates Via Livestream Monday 1 day, 3 hours ago | bloomberg.com
artificial artificial intelligence chatgpt intelligence +14
Tech Conference Touched on Everything From AI Fears to a Belching Robot 1 day, 10 hours ago | bloomberg.com
bloomberg chips conference course +9
Tokyo Electron Plans Record R&D Outlay Spurred by AI Chip Demand 1 day, 11 hours ago | bloomberg.com
ai chip chip demand development +10
TSMC Keeps Sales Growth Up in April as AI Drives 60% Jump 1 day, 15 hours ago | bloomberg.com
april artificial artificial intelligence billion +14
Microsoft’s Hedge Against OpenAI Makes Perfect Sense 1 day, 17 hours ago | bloomberg.com
ceo eggs microsoft nadella +6
Neuralink Rival Synchron Aims to Expand to Treat Parkinson’s 1 day, 21 hours ago | bloomberg.com
beyond brain epilepsy expand +8

Jobs in AI, ML, Big Data

Post a job on ai-jobs.net Find talent on ai-jobs.net

Data Engineer

@ Lemon.io | Remote: Europe, LATAM, Canada, UK, Asia, Oceania
View on ai-jobs.net

Artificial Intelligence – Bioinformatic Expert

@ University of Texas Medical Branch | Galveston, TX
View on ai-jobs.net

Lead Developer (AI)

@ Cere Network | San Francisco, US
View on ai-jobs.net

Research Engineer

@ Allora Labs | Remote
View on ai-jobs.net

Ecosystem Manager

@ Allora Labs | Remote
View on ai-jobs.net

Founding AI Engineer, Agents

@ Occam AI | New York
View on ai-jobs.net
View more jobs