Shantanu Narayen on market selloff
From Adobe CEO on Market Selloff, Metaverse Plans · · Bloomberg Technology
“I believe that what this will cause is a number of companies that are single product companies that may not have the depth and the breadth of the kinds of offerings that the larger tech companies like Adobe have will be shaken out. And so I think part of what you're seeing is a normal period where when you go through such a boom everybody believes that you know it's because of them and then you realize in a period like this who are going to be the true secular winners and I think Adobe is going to be part of it.”
On , Shantanu Narayen, Chairman & Chief Executive Officer at Adobe Inc., spoke about market selloff during Adobe CEO on Market Selloff, Metaverse Plans on Bloomberg Technology.
About Shantanu Narayen
At Adobe Summit 2026, Shantanu Narayen described the current period as "a true inflection point" where creativity and marketing are being reshaped by AI. He stated that Adobe's mission "empowering everyone to create" is "more relevant than ever" and that the company believes "tools don't create, people do." Narayen argued that "the bears have it all wrong" regarding concerns about AI's impact on software, saying he is "more confident about the company's future" and that there will be "more opportunity for creative companies than ever before." He announced Adobe's proposed acquisition of SEMrush, saying the companies bring "complementary capabilities across traditional search and everything we're talking about here around emerging AI discovery." Narayen also discussed Adobe's approach to AI training data, stating that Firefly is "the only model that has been created that is completely and 100% trained on data that we have licensed for." He said that "creative control is more important than ever before" and that "brand consistency, IP protection, connected asset management" have moved from "best practices to absolutely business critical requirements." Regarding his announced plans to step down as CEO, Narayen said he wants to "go back to my first love, which is building products and focusing on customers."