On today’s Young and the Restless (Tuesday, October 28, 2025), Adam earned a punch to the face from Billy as Phyllis was busy making the ultimate power play with Victor, revealing that she stole Cane’s AI and was prepared to make a deal Victor couldn’t refuse.
Last Episode
On the last episode of Y&R, after a steamy dream about Daniel, Tessa questioned her future with Mariah as Phyllis and Danny meddled in their son’s love life, while Cane was forced to admit to Lily that his AI was stolen.
The Genoa City Athletic Club (GCAC)
Billy sits at the bar, drinking a coffee, when Adam sits beside him.
Adam asks whether the rumors are true… Is Billy really not running Abbott Communications?
Billy says he put Sally into the CEO position, and Adam took Sally for granted. Adam cheated on Sally and lied to her for weeks… Does he have a problem about that?
Adam says that Billy made Sally CEO because Billy isn’t up to the job… And she deserves more than being tied to Billy!
Billy tells Adam to check his inbox for an invite to the launch party.
Adam scoffs. He’s had a front-row seat to Billy’s clown show for the past few years! He laughs that Abbott Communications will fail because it has to work against Newman Media, the top media company in town! He hears that Cane was the one who cancelled the previous launch party. He thinks Jill has more faith in Cane than she has in her own son. Nobody trusts Billy… Not Jill, Jack, Cane, Phyllis, or Lily. Sally must only be with him because she feels sorry for him.
Billy warns Adam to keep Jill’s name out of his mouth.
Adam laughs. He tells Billy he should cut his losses and get out of the city… Actually, he should get out of the country so that nobody has to deal with the stench of his disappointment!
Billy doesn’t stand for it. He lays into a punch, and cracks Adam across the jaw.
Chelsea walks into the club and sees the assault. Her mouth falls open in shock as Adam falls to the floor. She asks what the hell is going on.
Billy says to consider it a payback; Adam got off easy with that punch! It’s payback! He tells Adam to get comfortable being on the ground… Abbott Communications will knock Newman Media to the ground, too! He stalks out of the club.
Chelsea asks Adam what just happened.
Adam says Billy threw a sucker punch; he must have struck a nerve!
Chelsea is incredulous that Billy would risk a PR disaster by hitting Adam.
Adam says he won’t admit this to anyone else, but he deserved it… He admits to prodding Billy into it. He feels sorry for Billy, though, he thinks that Billy keeps getting the short end of the stick.
Chelsea is proud of Adam. The “old” Adam would never admit such a thing!
Adam grins. Chelsea helped him change, and he’s a new man! He gets a notification from Victor that he needs to come out to the ranch… Now.
The Abbott Mansion
The doorbell rings. Diane answers the door and invites Cane in.
Cane tells Jack and Diane that he has to warn them about a threat to Jabot and tells them that his AI program has been stolen. He thinks it’s been stolen by Victor!
Diane isn’t sure she believes him… He built this amazing AI program, and suddenly it’s been stolen? Has he alerted the authorities?
Cane says he can’t go to the police about it, but the threat is serious!
Jack gets angrier and asks how they can stop his AI… How can they make sure that Jabot isn’t destroyed?
Cane wishes he could give them a solution, but he doesn’t have one… The program is unstoppable! He built in safeguards, but since someone stole it, he can’t hit the kill switch. There’s nothing he can do!
Jack says if Jabot goes down in flames, he’ll see that Cane goes down with it.
Cane won’t make any promises, but he’ll do what he can. He came to warn them!
Jack hopes he isn’t wrong about Victor stealing the software.
Cane says only a handful of people know about the software, and Victor is one of them.
Diane thinks that it’s probably Phyllis who stole the software. Phyllis is always looking out for herself, and she can hack into anything!
Newman Ranch
Victor opens the door to Phyllis and tells her she has ten minutes to talk.
Phyllis says she’s going to make him an offer he can’t refuse. She’s stolen Cane’s AI program and wants to make a deal… Is he interested?
Victor is incredulous; she stole it? She really has guts! What is she proposing, and why would he trust that she isn’t working with Cane?
Phyllis says she has proof. She sets up a tablet and shows him the AI running on it. She says she’s in the driver’s seat now.
Victor shrugs. This proves nothing!
Phyllis knew he’d be skeptical. She shows him the AI targeting Jabot Cosmetics, which piques Victor’s interest.
Victor wonders how she got ahold of the AI. Does Cane know it’s been stolen?
Phyllis says she’s better than Cane thought. She stole it out from under Cane’s nose and told him that Victor was the one who stole it.
Victor asks what happened between her and Cane to make her want to steal the technology for her own.
Phyllis doesn’t answer. She knows Victor can’t pass up on opportunity to take down Jabot!
A bit later, Phyllis asks Victor if he’s okay with the deal she’s proposed. If he says no, she’ll take it to the highest bidder.
Victor asks if that’s all she wants.
Phyllis nods. She just wants to finally make things right. Do they have a deal?
Victor grins and says they have a deal.
The GCAC Dining Room
Cane walks into the club, sits at the bar, and orders a scotch. His phone pings with a message. “Phyllis went to Newman ranch. Just left.”
Phyllis walks into the club and sees Cane sitting at the bar. She joins him and asks if there’s any news on his AI theft. She hasn’t had any luck hacking into Victor’s systems.
Cane asks if she’s had any luck talking to Victor… Did she strike a deal with him for the AI software?
Phyllis says it hurts her feelings that he had her followed. She says she wanted to get in Victor’s head to find out whether he really did steal the program.
Cane doesn’t buy it. He knows she went to Victor to cut a deal!
Phyllis scoffs. He’s really jumping to conclusions! If there’s one thing he should know about her, it’s that she’s loyal and proactive. She won’t just sit around and wait for something to happen… Especially if it involves Victor! Besides, if Cane went down, she’d be left in the cold!
Cane says he finds it hard to believe that she didn’t have a contingency plan. He’s sure she already cashed it in with Victor.
Phyllis shakes her head. She went to see what Victor had to say about the software, and she could tell he was behind the theft of Cane’s AI. Now she knows Victor plans to turn the tables on Cane and go after Arabesque.
The Abbott Mansion
Diane tells Jack that she’s happy they beefed up their I.T. security at Jabot when they first learned about Cane’s AI program.
Jack isn’t sure the precautions they’ve taken will protect them. He rants that he wanted to team up with Victor in order to stop this from happening to anyone. They even talked about bringing Jill on board, but now Victor is attacking them with the AI! He feels like he’s put his family’s legacy at risk.
Diane tries to calm Jack. She says that they need to focus on what to do now. They won’t even know if they’re being attacked; what if their company is already being destroyed from the inside?
Jack says all they can do right now is to beef up their cybersecurity and offline all of their vital information. He knows Kyle is in LA, but they need him here! They have to make sure that Claire doesn’t find out anything either, since she’s a Newman. Jack sends Kyle a text asking Kyle to come home ASAP, and says that if Phyllis is involved, they need to deal with her. He calls Billy and asks him to come to the house right away.
Newman Ranch
Adam and Chelsea show up at the ranch. They ask Victor if this is about Noah.
Victor says that Noah’s situation hasn’t changed. Nikki and Victoria are on their way to LA to lend a helping hand. He says this is a different matter.
Adam says this has to be kept quiet. He tells them that he had a visit from Phyllis, and she offered to hand over Cane Ashby’s AI program to him.
Chelsea wonders how Phyllis got her hands on the program.
Victor reminds them Phyllis is an amazing hacker. She offered the program to Victor and he accepted.
Adam and Chelsea are surprised. Why didn’t Phyllis just use the AI herself?
Victor says Phyllis didn’t want to get her hands dirty and wanted Victor to do it instead… And Victor is more than happy to oblige!
Adam asks what their strategy is now… Do they hit Cane the way he planned to hit Newman Enterprises?
Victor shakes his head. Cane’s not a threat anymore, since he doesn’t have his software. Phyllis figured Victor would want to hit Jack Abbott and Jabot Cosmetics! He says he doesn’t actually care about taking down Jabot… He just wants to take down Jack.
Adam wonders what Phyllis will get out of the deal.
Victor says Phyllis will give him the AI under one condition… As soon as Victor takes control of Jabot, he has to hand it over to Phyllis.
