Adobe Inc. & IBM

Adobe Inc.: Adobe, as a traditional software company, is exposed to the same AI-driven spending shift. Its shares traded lower after IBM's warning.

IBM: IBM's revenue miss and forecast cut led to a historic stock plunge, reflecting its struggle to adapt to AI-driven spending shifts. The company faces near-term headwinds but is investing in open-source security and seeing growth in OpenShift and non-mainframe hardware.

Adobe Inc.: Adobe is a founding member, contributing to the alliance.

IBM: IBM is a founding member, contributing open-source AI technology to the alliance.

Adobe Inc.: Adobe Inc.'s Photoshop is being reworked to better respond to AI-based prompts, indicating its adaptation to the new AI PC capabilities enabled by chips like Nvidia's RTX Spark.

IBM: IBM collaborates with Asus and WekaIO to provide intelligent services and high-speed storage access, optimizing AI data pipelines. This strengthens IBM's role in enterprise AI solutions and data management.

Adobe Inc.: Technology partner; enabling differentiated customer experiences.

IBM: Technology partner.

Adobe Inc.: Adobe Inc. is hosting the Adobe Inc. Summit 2026 where Kaltura debuted its new platform. Kaltura also achieved Adobe Inc. Premier Partner status and is introducing new native integrations with Adobe Inc. Experience Manager and Adobe Inc.'s Digital Asset Management capabilities.

IBM: IBM is expected to sign an MoU with the India — Andhra Pradesh government to provide skills training in AI, quantum technology, and cybersecurity to one million youth in the state.