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.

Synthesia, a UK-based startup specializing in AI-generated video avatars, has received a strategic investment from Adobe Ventures after achieving over $100 million in annual recurring revenue. This partnership highlights Adobe's focus on expanding its enterprise AI video tools while Synthesia continues to serve major corporations and develop new products despite currently being unprofitable.