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Nearly every part of Adobe seems to be undergoing a major wave of AI-powered updates, including the Adobe Incubator. The internal initiative is a startup-like program where employees can pitch research projects to compete for funding and resources. Over 500 employees pitched 245 projects during this year’s cohort, a nearly 50% increase over last year’s…

In the earnings season that is now wrapping up, technology companies delivered a clear message regarding artificial intelligence (AI) spending. The five hyperscalers — Microsoft, Amazon, Alphabet, Meta Platforms, and Oracle — all either reaffirmed or boosted their capital expenditure plans for the year, pushing their combined planned outlay north of $700 billion.