Adobe's Long-Term AI Focus

This is a news story, published by Investor's Business Daily, that relates primarily to ARR news.

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Investor's Business Daily

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Technology

Adobe AI Strategy Focused On Long Term, Not 'Quick-Hit Financial Pop,' Says CFO

Summary

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Adobe CEO: "It's not a quick hit from a financial pop in performance" Adobe exited its fiscal first quarter with more than $125 million in annualized recurring revenue from its " AI-first " products.

Adobe is looking to double that ARR in the next three quarters , he says.

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