Adobe’s failed Figma deals leaves the company with ~$6B in cash to invest in AI and stock buybacks, but upstart rivals still represent a threat to its growth — – Startups like Canva, Figma and OpenAI remain a risk to growth — Investors banking on AI to boost Adobe’s customers and sales
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The post Adobe’s failed Figma deals leaves the company with ~$6B in cash to invest in AI and stock buybacks, but upstart rivals still represent a threat to its growth (Bloomberg) appeared first on WorldNewsEra.