You are here

Topic: Adobe

Know what’s happening in the AI universe today, September 13. (Pexels) AI 

EU Commissioner Urges for AI Regulation as Adobe Launches AI-Powered Features and More

Febin Mathew, ,

In today’s AI roundup, Adobe is set to launch generative AI capabilities and implement new pricing plans, resulting in a monthly subscription cost increase from $2 to $5 starting in November. Additionally, EU Chief Ursula von der Leyen has proposed the formation of a global panel comprising scientists, tech companies, and independent experts to tackle the issues surrounding AI regulation. 1. Adobe introduces AI features and pricing plans Over the past few months, Adobe has been slowly introducing AI features into its programs. The company on Wednesday opened up access…

Read More
Indian-origin CEOs are leading some of the most technologically advanced global companies and taking them to new highs. (REUTERS) News 

Indian-origin CEOs at Google, Microsoft, IBM, and Adobe Redefine Global Corporate Leadership – Checklist

Adriana Marais, ,

Indian-origin individuals are increasingly assuming leadership positions at major global companies, spanning from technology giants such as Microsoft and Google to esteemed luxury brands. These talented CEOs with Indian roots are not only making a significant impact on the international stage but also driving these companies to unprecedented levels of success. Leaders shape the world These leaders of Indian origin have not only risen to the top but have also achieved remarkable success in their respective fields. They are now recognized as some of the most powerful CEOs in the…

Read More
Shantanu Narayen (C), Chairman and CEO of Adobe Systems addresses the gathering on the first day of the three-day B20 Summit in New Delhi. (AFP) AI 

Adobe CEO Shantanu Narayen Highlights India’s Potential to Lead in Artificial Intelligence

Adarsh V.K, , ,

India’s advancements in technology are evident through the success of local tech giants such as TCS, Infosys, Tech Mahindra, Wipro, and HCL Tech. Additionally, numerous other companies, both large and small, have played a significant role in enhancing India’s digital presence. A notable recent accomplishment was the Chandrayaan-3 mission, where the Indian Space Research Organisation (ISRO) successfully landed a lander and rover on the moon, surpassing Russia’s unsuccessful Luna-25 spacecraft attempt. All this was probably on the mind of Adobe CEO Shantanu Narayen, who on Friday lauded what India had…

Read More
His work revolutionized industries from publishing to video production. News 

Dr. John Warnock, Co-Founder of Adobe, Dies at Age 82

Nitin Misra, ,

Adobe announced on Saturday that Dr. John Warnock, the co-founder of the groundbreaking company, has passed away at the age of 82. His wife, Marva Warnock, and three children survive him, while the cause of his death remains undisclosed. “It is with deep sadness that I announce the passing of our beloved founder, Dr. John Warnock, at the age of 82,” wrote Adobe Chairman and CEO Shantanu Narayen. “John is widely recognized as one of the greatest innovators of our generation, having a significant impact on how we communicate through…

Read More
Photoshop maker Adobe's cofounder John Warnock died on Saturday aged 82, the company said in a statement early on Sunday. News 

John Warnock, Co-founder of Adobe, Dies at Age 82

Nitin Misra

Photoshop maker Adobe co-founder John Warnock died Saturday at the age of 82, the company said early Sunday. The cause of his death was not released. “This is a sad day for the Adobe community and the industry he has inspired for decades,” Adobe CEO Shantanu Narayen said in an email to employees. Warnock founded Adobe in 1982 with Charles Geschke. He retired as CEO in 2000 and was chairman of the board, which he shared with Geschke until 2017.

Read More
Adobe's co-founder John Warnock died on Saturday aged 82. (Adobe) News 

John Warnock, Co-Founder of Adobe, Passes Away at Age 82

Febin Mathew,

Adobe’s co-founder John Warnock passed away at the age of 82 on Saturday, as confirmed by the company in an early Sunday statement. The cause of his death was not released. “This is a sad day for the Adobe community and the industry he has inspired for decades,” Adobe CEO Shantanu Narayen said in an email to employees. Warnock founded Adobe in 1982 with Charles Geschke. He retired as CEO in 2000 and was chairman of the board, which he shared with Geschke until 2017.

Read More
The commission will make a decision by December 14th on the planned $20 billion acquisition. News 

EU Investigating Adobe’s Acquisition of Figma for $20 Billion

Febin Mathew, ,

Adobe’s proposed acquisition of design competitor Figma, valued at $20 billion, is now under thorough investigation by the European Commission. The EU has expressed apprehension over the potential reduction in competition for interactive design software and tools used for digital asset creation. The EU Commission has until December 14 to make a decision. “Through our thorough investigation, we aim to ensure that users continue to have access to a wide range of digital creative tools to choose from,” European Competition Commissioner Margrethe Vestager said in a statement to Reuters. The…

Read More
The planned deal will give San Jose-based Adobe control of the world-leading web design platform Figma, (REUTERS) News 

EU Launches Investigation into Adobe’s Proposed Acquisition of Figma for $20 Billion

Sanjay Patil

The European Union is planning to conduct a thorough investigation into Adobe Inc.’s acquisition of Figma Inc., worth $20 billion, due to concerns that the deal may negatively impact the global competition in designer software. The European Commission warned on Monday that the deal could weaken the supply of tools for interactive product design and digital asset creation and that an “important competitive force” could be removed. The EU’s in-depth investigation, which runs until December 14, will also analyze “whether the deal could foreclose rival service providers” by connecting Figma…

Read More
Adobe mentioned that Firefly-powered features in Photoshop (beta) now support text prompts in over 100 languages, giving users worldwide the freedom to use text prompts in their preferred language for creative projects. News 

Adobe Photoshop Introduces AI-Powered Tool To Enable Image Expansion

Sanjay Patil

Adobe, the tech giant headquartered in the United States, has recently unveiled a novel AI capability named ‘Generative Expand’ within Photoshop. This innovative feature empowers users to enlarge images beyond their initial dimensions by utilizing AI-generated content to seamlessly occupy the vacant areas during the expansion process. According to the company, Generative Expand is useful when parts of the object have been cut out or the image needs an adjustment in terms of aspect ratio. It allows users to change the image according to their vision. Users can also use…

Read More
Text prompts for AI are also available in over 100 languages. AI 

Photoshop Utilizes Generative AI to Expand Images

Febin Mathew, , ,

Adobe has introduced a new feature called Generative Expand in the Photoshop beta, which utilizes AI-generated content to enlarge images. Users can now extend the image beyond its original size by dragging the crop tool, and this can be done with or without a text prompt. While this feature is particularly useful for enlarging small images, Adobe also suggests it can be beneficial for adjusting aspect ratios, rectifying incomplete subjects, or enhancing artwork. Meanwhile, generative AI text prompts in beta now work in over 100 languages. You don’t need to…

Read More
Adobe said it wouldn't make any concessions to address competition concerns. News 

UK begins thorough inquiry into Adobe’s $20 billion acquisition of Figma

Febin Mathew,

Adobe’s $20 billion acquisition of Figma is now under increased scrutiny as the UK’s Competition and Markets Authority (CMA) has initiated a thorough investigation into the deal. This comes after Adobe refused to make any concessions to address antitrust concerns. The investigation, known as “phase 2,” will involve a panel of independent experts who will assess whether the merger will result in a decrease in competition within the design software industry. The CMA has until December 27th to conclude its review. We’ve reached out to Adobe for comment. The company…

Read More
EU antitrust regulators will decide by Aug. 7 whether to clear Adobe's $20 billion bid for cloudbased designer platform Figma after a preliminary review, according to a European Commission filing on Monday. News 

EU Gives Adobe Until End of June to Finalize $20 Billion Acquisition of Figma

Febin Mathew

The European Commission filing on Monday states that EU antitrust regulators will make a decision on whether to approve Adobe’s $20 billion acquisition of cloud-based designer platform Figma by August 7, following a preliminary review. Photoshop maker Adobe applied for EU approval last Friday. The request, made a month before the summer holidays, suggests that the company expects the EU’s competition authority to launch a full-scale investigation after a preliminary review. The Commission warned earlier this year that the deal threatens to significantly affect competition in the market for interactive…

Read More
Adobe has five days to pacify the country's competition regulator. News 

UK to Increase Scrutiny of Adobe’s $20 Billion Figma Purchase

Adarsh V.K, ,

The UK’s Competition and Markets Authority (CMA) has announced its intention to conduct a thorough investigation into Adobe’s acquisition of Figma, according to The Wall Street Journal. The CMA has expressed worries about the potential negative impact on competition in the screen design software market and has decided to proceed with a “phase two” investigation. However, the CMA has given both companies a five-day window to propose legally binding solutions to address these concerns. If the CMA finds the response unsatisfactory, the investigation will commence. Adobe had previously announced its…

Read More
Educators can sign up for access through Figma's website. News 

US School Students Now Have Free Access to Figma

Febin Mathew,

An increasing number of students are ditching traditional pen and paper in favor of laptops, which they use for various academic tasks such as note-taking and research. In response, companies are developing programs that cater to tech-focused learning, such as Figma, a cloud-based design tool. Figma has recently announced that it is offering free access to all K-12 students in the US, in partnership with Google for Education. The initiative was initially launched in beta last year, with 50 high schools nationwide receiving complimentary access to Figma and FigJam, a…

Read More
European antitrust regulators are preparing to launch a formal investigation into software giant Adobe's $20 billion buyout deal for cloudbased designer platform Figma later this year, the Financial Times reported on Tuesday. News 

EU Regulators Investigating Adobe’s Proposed $20 Billion Acquisition of Figma

Adarsh V.K, , ,

According to the Financial Times, antitrust regulators in Europe are getting ready to initiate a formal inquiry into Adobe’s acquisition of cloud-based designer platform Figma for $20 billion later this year. EU officials plan to press ahead with a detailed investigation into anti-competitive concerns, which could take several months and could eventually derail the deal altogether, the FT said, citing people with knowledge of the move. The report comes after Britain’s competition watchdog said last month it was investigating the deal between Adobe and Figma, while Bloomberg reported in February…

Read More
Shares of California-based Adobe rose more than 5% in aftermarket trading AI 

Adobe Surpasses Forecasts with Impressive Quarterly Performance Fueled by AI Adoption

Febin Mathew, ,

On Thursday, Adobe Inc exceeded the expectations of Wall Street for its quarterly results and forecast, thanks to the successful implementation of generative artificial intelligence (AI) integrations aimed at boosting demand. Shares of the San Jose, Calif.-based company rose more than 5% in aftermarket trading. Adobe’s drive to drive AI innovation has manifested itself in the AI features included in Acrobat, Express, Photoshop, and Premiere Pro. Earlier this month, Adobe announced that it would offer Firefly, its artificial intelligence tool for image creation, financial compensation to its large enterprise customers…

Read More
Adobe is bringing generative AI to Photoshop. Called 'Generative Fill,' it allows users to create or modify images using text prompts, similar to OpenAI's DALL-E 2, but integrated directly into Adobe Photoshop. News 

Adobe introduces “Generative Fill” AI in Photoshop, allowing images to be created using text prompts

Febin Mathew, , ,

Artificial intelligence is this year’s buzzword after Google and Microsoft, and Adobe is now bringing generative AI to its core product, Photoshop. Called “Generative Fill,” it allows users to create or edit images using text prompts, similar to OpenAI’s DALL-E 2, but integrated directly into Adobe Photoshop. Adobe’s Generative Fill technology is based on Adobe Firefly, their own generative AI model. It is comparable to GPT for ChatGPT or PaLM 2 for Google Bard. Adobe claims that Firefly AI is trained on Adobe Stock Images and can create original, commercially viable…

Read More
Earlier last month, Adobe had announced the opening of its new Founders Tower in San Jose, California. News 

Adobe expands India footprint, opens new office to host 2,000 employees

Febin Mathew, ,

Software maker Adobe on Monday announced the opening of a state-of-the-art office tower in Bengaluru that will house more than 2,000 employees. With more than 7,800 employees across five campuses in the country, India is Adobe’s largest employee base outside the United States and a major center for software innovation and business development. “Adobe was among the first technology companies to invest in India 25 years ago. Today, our India teams are central to Adobe’s global innovation and cross-cloud leadership,” said Abhigyan Modi, Country Director, Adobe India and Head of…

Read More
Adobe Inc on Monday said it plans to introduce new artificial intelligence (AI) features into its video editing software used by the film and television industries. News 

Adobe adds degenerative artificial intelligence tools to its video editing software

Adriana Marais, , ,

Adobe Inc. announced Monday that it plans to bring new artificial intelligence capabilities to its video editing software used by the film and television industries. The tools allow video editors to, for example, change the lighting of an image from noon to sunset or create background music by writing a few words of text that tells the system what to do. The tools are based on a new system called Adobe Firefly, which the company introduced last month for creating still images and text. Adobe is interested in generative artificial…

Read More
Many tech companies have decided to layoff people, including the big one but what does Adobe plan to do? News 

Here’s what Adobe’s CEO said about a bunch of layoff plans

Febin Mathew, ,

Software major Adobe has said it has no plans to implement company-wide layoffs. Unlike other Silicon Valley tech giants, Adobe won’t be making mass layoffs this year, says its human resources director Gloria Chen. In an interview with Bloomberg Television, he said that “We are committed to not having company-wide layoffs.” “We’re actually committed to continuing to grow here,” Chen said as Adobe opened its fourth office in San Jose, Calif., with capacity for 3,000 employees. In December, Adobe laid off around 100 employees from its sales team amid the…

Read More