Dec. 19, 2023, 11:40 a.m. |

Techmeme www.techmeme.com


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

adobe bloomberg deals figma growth invest in ai stock the company threat

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