Adobe has introduced new AI-powered image editing features in Photoshop that enhance user experience by automating complex tasks and improving efficiency. These updates aim to streamline workflows for both amateur and professional photographers. The features leverage advanced machine learning to deliver more intuitive tools for image manipulation.

Adobe's stock rose after the company reported third-quarter earnings that exceeded Wall Street expectations, bolstered by successful investments in artificial intelligence. With revenue growth and a positive outlook for the upcoming quarter, Adobe highlighted its AI tools' impact on creativity and marketing, driving significant annual recurring revenue from these innovations.

Adobe has launched a new service called Foundry, which enables enterprises to build custom generative AI models tailored to their specific needs. This initiative aims to enhance businesses' capabilities in harnessing AI technology for various applications, streamlining processes and improving productivity.

Adobe has announced that it will soon enable users to interact with Photoshop through chat, allowing users to ask questions and receive guidance directly within the application. This feature aims to enhance the user experience by providing real-time assistance and streamlining workflows. Details on the implementation and capabilities of this chat feature are still forthcoming.