Adobe Systems‘ new Character Animator product, which uses artificial intelligence, will make the company’s stock soar, CNBC’s Jim Cramer said Thursday.
“This is what the world is going to come to,” Cramer said Thursday on “Squawk on the Street.” “Adobe’s stock is going to go so much higher. Shantanu Narayen is a genius, he’s understated.”
The program creates 2-D characters in Adobe’s software, according to the company’s website, and the animation will act out the person’s movements and voice using a webcam and microphone.
AI has become a centerpiece of Adobe’s business as the design software company incorporates machine learning into products.
—CNBC’s Elizabeth Gurdus contributed to this report.
**Disclosure: Jim Cramer’s charitable trust owns shares of Adobe.
Watch Cramer as a real-time A.I. cartoon, and why it made him a believer in Adobe stock