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

Elon Musk’s X to Summarize News Events Using Grok AI 1 day, 5 hours ago | bloomberg.com
app chatbot elon elon musk +11
Tesla Stock’s Towering AI Valuation Is Detached From Reality 1 day, 13 hours ago | bloomberg.com
cars code driving elon +13
Startups Go to Hollywood: AI Movies Aren’t Just a Gimmick Anymore 1 day, 14 hours ago | bloomberg.com
artificial artificial intelligence filmmaking go to +5
Microsoft, Google and Meta Bet on Fake Data to Build AI Models 2 days, 5 hours ago | bloomberg.com
ai models artificial artificial intelligence build +10
Audible’s Test of AI-Voiced Audiobooks Tops 40,000 Titles 2 days, 8 hours ago | bloomberg.com
audiobook audiobooks authors material +3
Unauthorized AI Voice Clones of Taylor Swift Face Removal From TikTok 2 days, 13 hours ago | bloomberg.com
agreement ai voice ams:umg app +16
Khosla, VCs Plow $100 Million Into Blood Test Startup Using AI 2 days, 13 hours ago | bloomberg.com
patients startup technology test +1
Viator Turns to AI for Ad Campaign to Raise Travel Company’s Brand 2 days, 14 hours ago | bloomberg.com
accountability artificial artificial intelligence brand +8
Adani Flagship’s Profit Slips 38% Bogged Down by One-Time Charge 2 days, 16 hours ago | bloomberg.com
adani airport billion billionaire +10

Jobs in AI, ML, Big Data

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

Founding AI Engineer, Agents

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

AI Engineer Intern, Agents

@ Occam AI | US
View on ai-jobs.net

AI Research Scientist

@ Vara | Berlin, Germany and Remote
View on ai-jobs.net

Data Architect

@ University of Texas at Austin | Austin, TX
View on ai-jobs.net

Data ETL Engineer

@ University of Texas at Austin | Austin, TX
View on ai-jobs.net

Lead GNSS Data Scientist

@ Lurra Systems | Melbourne
View on ai-jobs.net
View more jobs