Adobe Inc. gave a strong quarterly revenue outlook, suggesting that the software maker is seeing a payoff from its investment in AI features. Sales will be about $6.08 billion to $6.13 billion in the period running through November, the company said Thursday in a statement. Analysts, on average, estimated a number at the bottom of that range. The San Jose, California-based company also boosted its annual forecast. Adobe has worked to weave artificial intelligence features, often based on its own generative models, into the company’s industry-standard products like Photoshop. That’s now helping spur growth.
Anil Chakravarthy, the company's President of Digital Experience Business, Worldwide Field Operations, discusses the company’s strong earnings results and its announcement of the acceleration of its AI innovation adoption, including its push into the use of AI Agents. Anil speaks with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.
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