TechMeme
Adobe reports Q3 revenue up 13% YoY to $6.76B, vs. $6.7B est., AI-first annual recurring revenue up 150% YoY, and forecasts Q4 revenue slightly below estimates (Anzar Mehraj/Reuters)
Adobe reported Q3 revenue of $6.76 billion, up 13% year-over-year, surpassing the $6.7 billion estimate, while its AI-first annual recurring revenue rose 150% YoY. The company forecasted Q4 revenue slightly below analyst expectations. Anthropic released a threat-intelligence report detailing how it disrupted potential misuse of Claude for cyberattacks, influence operations, and biological research, and noted that researcher Jacob Coxon resigned over safety concerns.