KeyBanc has downgraded Adobe and ServiceNow due to concerns about the risks associated with artificial intelligence. The investment firm cited potential regulatory backlash and ethical considerations as reasons for the downgrade. Adobe’s stock fell by 0.9% following the news, while ServiceNow’s stock dropped by 1.1%.

Investment firm KeyBanc has downgraded Adobe and ServiceNow over fears of the risks posed by artificial intelligence. The firm highlighted potential regulatory challenges and ethical dilemmas as factors influencing their decision. Following the downgrade, Adobe’s shares fell by 0.9% and ServiceNow’s shares dropped by 1.1%.

In a recent move, KeyBanc downgraded Adobe and ServiceNow due to concerns surrounding artificial intelligence risks. The firm pointed to potential regulatory issues and ethical concerns as reasons for the downgrade. Following the news, Adobe’s stock saw a 0.9% decrease, while ServiceNow’s stock dropped by 1.1%.

Read more at Investing.com: KeyBanc downgrades Adobe and ServiceNow on AI risks