Adobe Strikes $1.9 Billion Deal for Software Provider Semrush

"Bloomberg Markets" covers the latest market movements across global asset classes and addresses key issues affecting Wall Street. Featured guests include Adobe President Anil Chakravarthy, Middle East Institute Senior Fellow Paul Salem, and Bloomberg analysts Ben Scent, Chris Palmeri, John Harney, Stuart Paul, Emily Cohn, and Redd Brown.

Adobe and Qualcomm have partnered with Humain to advance generative AI technologies in the Middle East. This collaboration aims to leverage the strengths of all three companies to enhance AI capabilities in the region, fostering innovation and technological growth.

Zoox, an autonomous vehicle company owned by Amazon, has been developing a distinctive vehicle for the past decade. While competitors like Tesla's Robotaxi and Waymo attract significant media attention, Zoox's unique design and technology have remained relatively under the radar, yet they are memorable once seen.

The Navy Secretary has expressed concerns that workers in the shipbuilding industry may prefer jobs at Amazon, where they can earn higher wages. This situation poses a challenge for attracting talent to build America's warships, especially as the industry, which contributes $37.3 billion to the GDP, has been overshadowed by China's advancements in recent years.

Amazon's Zoox is launching a robotaxi service in San Francisco, providing free rides in select neighborhoods to compete with Waymo's lead in the self-driving taxi market. The service is available to individuals who signed up on a waiting list and features gondola-shaped vehicles without steering wheels. This launch follows Zoox's recent introduction of its ride-hailing service in Las Vegas, marking a significant step in Amazon's efforts to establish a foothold in autonomous transportation.

Amazon's Zoox has opened a waitlist for free robotaxi rides in San Francisco. This initiative marks a significant step in the company's efforts to introduce autonomous electric vehicles to urban transportation. The robotaxis are designed without traditional driving controls, such as steering wheels or pedals, emphasizing a new approach to mobility. The service aims to provide a unique transportation experience while gathering data for future developments.

The European Union (EU) has identified Amazon and Google as 'critical' technology providers for the finance industry. This designation reflects the significant role these companies play in providing essential services and infrastructure to financial institutions across Europe. The EU's recognition underscores the increasing reliance on major tech firms in the financial sector, particularly as digital transformation accelerates.

Saudi Arabia's Humain is set to announce technology deals with major US companies, including Amazon and AMD. This development is part of Saudi Arabia's broader strategy to enhance its technological capabilities and diversify its economy. The announcement is expected to take place on November 18, 2025, and reflects the kingdom's ongoing efforts to attract foreign investment and foster innovation within its borders.