Is AI an Opportunity or Threat for Adobe Stock?
Adobe stock is apparently an "AI stock" now. Well, once everything becomes an AI stock, nothing is an AI stock. In today's video we'll dive into how Adobe uses generative AI and whether that's an opportunity or a threat for the company. They claim an astounding $63 billion total addressable market for their Creative Cloud segment, with their Firefly generative AI offering acting as a sales funnel. That's quite an ambitious TAM, so it's worth taking a look at what Adobe's up to. Are they really an AI stock?
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The skinny
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