13:48 ET--Adobe Chief Executive Shantanu Narayen isn't worried about artificial-intelligence rendering legacy software obsolete. "I think the bears have it all wrong," he says in a CNBC interview. "I actually believe that there's going to be more opportunity for creative companies than ever before, but we have to navigate that." He notes that Adobe serves 70 billion profiles through its customer experience solutions and has around 850 million monthly average users. "That doesn't strike me as ways in which we are saying that we're on the back foot," Narayen says. "In fact, we are going to be aggressive about delivering." The interview comes as Adobe launches a set of AI agents for digital marketing and other business functions, known as CX Enterprise. Shares are up 1.9% Monday and down 29% year-to-date. (elias.schisgall@wsj.com)

(END) Dow Jones Newswires

April 20, 2026 13:48 ET (17:48 GMT)

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