Adobe Acrobat AI now reads and explains your contracts in minutes — here’s how it works

4 days ago 64

February 4, 2025 6:00 AM

Credit: VentureBeat made with Midjourney

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More

Adobe is expanding its push into artificial intelligence with new features that aim to demystify complex contracts and legal documents for both businesses and consumers, as the company seeks to maintain its dominant position in the document management market.

The software giant announced today that its Acrobat AI Assistant can now automatically detect contracts, summarize key terms, and compare differences across multiple versions — capabilities that Adobe says could help address a widespread problem: Most people don’t fully read agreements before signing them.

According to Adobe’s research, nearly 70% of consumers have signed contracts without understanding all the terms. The problem extends into the business world, where 64% of small business owners have avoided signing contracts due to uncertainty about the content.

“Control F is dead,” said Lori DeFurio, a product executive at Adobe, referring to the traditional way people search documents. “Why would I ever search again when I can just ask?” The shift from keyword searching to conversational AI reflects Adobe’s broader vision for making complex documents more accessible to everyone.

Read Entire Article