Adobe (ADBE) Announces AI Foundry

Adobe Inc. (NASDAQ:ADBE) is one of the 10 Best American AI Stocks to Buy According to Analysts. On October 20, Adobe Inc. (NASDAQ:ADBE) introduced its new Adobe AI Foundry. This service will help companies create custom generative AI models using their own intellectual property.

With AI Foundry, Adobe Inc. (NASDAQ:ADBE) aims to give enterprises more control over content creation while also speeding up the creation of on-brand media across image, video, audio, vector, and 3D formats.

Adobe Inc. (NASDAQ:ADBE) highlighted that the models are built on top of Adobe Firefly, which is the company’s suite of generative AI models. This ensures that the outputs are “pixel-perfect, brand-protected and ready for external use.”

AI Foundry will help companies work directly with Adobe Inc. (NASDAQ:ADBE) to design AI models that are unique to their brand. This new service is expected to help the company grow its revenue and support evolution in the company’s AI monetization strategy.

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, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ADBE and that has a 100x upside potential, check out our report about the cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.