Salesforce to invest US$1bil in S’pore in near term
Artificial intelligence (AI) customer management software firm Salesforce will invest US$1bil in Singapore over the next five years.
Salesforce falls after weak annual forecast puts spotlight on AI monetization
(Reuters) -Shares of Salesforce fell more than 4% on Thursday after a downbeat annual revenue and profit forecast raised questions about when the enterprise cloud firm would start to show meaningful returns on its hefty artificial intelligence bets.
Salesforce sees annual results below estimates as Agentforce adoption lags
(Reuters) -Business software provider Salesforce forecast fiscal 2026 revenue below Wall Street expectations on Wednesday, weighed down by slower adoption of its Agentforce platform, sending shares of the company down around 5% in extended trading.
Salesforce plans $500 million in AI-related investments in Saudi Arabia
(Reuters) - Cloud software seller Salesforce said on Monday that it plans to invest $500 million in Saudi Arabia related to artificial intelligence, as countries compete to secure investments in the nascent but critical technology.
Salesforce to cut 1,000 jobs while hiring people for AI
Salesforce Inc is cutting jobs as its latest financial year gets underway, according to a person familiar with the matter, even as the company simultaneously hires workers to sell new artificial intelligence (AI) products.
Salesforce to cut 1,000 roles, Bloomberg News reports
(Reuters) -Salesforce is cutting more than 1,000 jobs as it simultaneously hires workers to sell new artificial intelligence products, Bloomberg News reported on Monday.
AI-influenced shopping boosts online holiday sales, Salesforce data shows
(Reuters) - Artificial intelligence-powered chatbots helped consumers purchase and return products during the 2024 holiday season, boosting online sales in the United States by nearly 4% year-over-year, according to a report by Salesforce.
Salesforce closes 1,000 paid 'Agentforce' deals, looks to robot future
(Reuters) - Salesforce has closed more than 1,000 paid deals for "Agentforce," its platform for creating virtual representatives powered by artificial intelligence, its CEO Marc Benioff said on Tuesday.
Salesforce's third-quarter revenue beats on strong cloud demand
(Reuters) -Salesforce beat Wall Street estimates for third-quarter revenue on Tuesday and raised the lower end of its annual revenue forecast, helped by robust spending on its enterprise cloud portfolio, sending its shares up 8% in extended trading.
Salesforce says 49.7 bln USD spent online globally on Cyber Monday
SAN FRANCISCO, Dec. 3 (Xinhua) -- U.S. consumers spent 12.8 billion U.S. dollars, while global spending was 49.7 billion dollars on Cyber Monday, a growth of 2 percent and 3 percent on 2023, respectively, Salesforce said Tuesday.
Salesforce shares scale record high on promising AI tools
(Reuters) - Salesforce shares climbed about 11% to a record high on Wednesday after the customer relationship management software maker topped quarterly sales estimates and provided an upbeat forecast for its newly launched AI-integrated products.
Meta hires Salesforce's AI chief to lead new business AI group
SAN FRANCISCO, Nov. 19 (Xinhua) -- Meta confirmed on Tuesday that the company hired Salesforce's artificial intelligence (AI) CEO Clara Shih to lead a new organization building AI tools for businesses that use Meta's apps to reach consumers.
Salesforce to acquire AI voice agent firm Tenyx, joining AI talent race
(Reuters) - Enterprise cloud firm Salesforce on Tuesday said it has agreed to acquire Tenyx, which develops artificial intelligence-powered voice agents, to advance its AI-driven solutions.
Salesforce beats quarterly estimates on cloud demand, says CFO to step down
(Reuters) - Salesforce beat Wall Street expectations for second-quarter revenue and profit on Wednesday, benefiting from higher spending on its enterprise cloud products, sending its shares up around 3% in extended trading.
Salesforce gains as software firm bets on AI tools to power growth
(Reuters) -Shares of Salesforce gained about 4% on Thursday as investors cheered the customer relationship management software maker's upbeat quarterly results and its artificial intelligence push to drive growth.
Salesforce shares tumble as soft cloud demand hurts forecasts
(Reuters) -Salesforce forecast second-quarter profit and revenue below Wall Street estimates on Wednesday due to weak client spending on its cloud and enterprise business products, sending its shares down more than 16% after the bell.
Salesforce plummets as weak forecast sparks concerns of AI competition
(Reuters) -Salesforce shares slumped about 18% on Thursday, after its lowest-ever quarterly revenue growth forecast raised fears that high interest rates and rival AI offerings were hampering demand at the cloud-based software firm.
Disney to stop using Salesforce-owned Slack after hack exposed company data, report says
(Reuters) -Walt Disney plans to transition away from its use of Slack as a companywide workplace collaboration system, after a hacking entity leaked online more than a terabyte of company data, according to a report in the Status media newsletter.
Salesforce to open first AI centre in London
LONDON (Reuters) - Salesforce has picked London for its first AI centre, where it said industry experts, developers and customers will be able to collaborate on innovation and develop new skills.
Software giant Salesforce in advanced talks to buy Informatica
(Reuters) -Customer relations software maker Salesforce is in advanced talks to acquire Informatica, a person familiar with the matter told Reuters on Friday, in the latest sign of increased deal-making in the technology sector.
