Adobe Inc. (NASDAQ:ADBE) is one of the 15 Best American Tech Stocks to Buy Right Now. On September 11, Adobe Inc. (NASDAQ:ADBE) announced that its AI innovation adoption is accelerating as top enterprises embrace the company’s AI tools to transform the way they work.
Some of the biggest brands have been using Adobe Inc.’s (NASDAQ:ADBE) AI-powered offerings like Firefly and GenStudio to launch campaigns faster and reach new audiences. These AI-powered innovations allow enterprises to utilize generative AI and agents to streamline workflows and improve creative output.
As of September 11, 99% of Fortune 100 companies have used AI in an Adobe Inc. (NASDAQ:ADBE) app. Almost 90% of the top 50 enterprise clients have also started using at least one of the company’s AI products, such as GenStudio for Performance Marketing, Firefly Services, and Acrobat AI Assistant.
Adobe Inc. (NASDAQ:ADBE) reported that since the beginning of fiscal year 2023, more than 40% of the company’s top 50 enterprise accounts have doubled their annualized recurring revenue spending.
Adobe Inc. (NASDAQ:ADBE) is a global leader in digital media and digital marketing solutions. It provides creator tools and services to individuals, teams, and enterprises to create, publish, and promote content.
While we acknowledge the potential of ADBE as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
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