Adobe is buying Topaz Labs, a company that creates AI models for video and image enhancement. Topaz Labs has developed tools like Astra for AI video upscaling and Wonder for image retouching. These tools will be integrated into Adobe’s Firefly AI app and other creative suites. This acquisition will allow Adobe to offer faster and more accessible AI experiences for professionals. By acquiring Topaz Labs, Adobe aims to keep users within its ecosystem and maintain its lead in the image and video editing space. Why it matters: This deal solidifies Adobe’s commitment to AI-powered creative tools, potentially disrupting the competition from Canva and Blackmagic Design.