Salesforce, in a surprise announcement late Tuesday , said it has promoted President and COO Keith Block to the role of co-CEO alongside founder and Chairman Marc Benioff. While the timing was surprising, the promotion is not. Mr. Block has been the central figure behind the company’s growing success in selling large cloud software deals to corporate customers. Under his watch, Salesforce’s...
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VCs Dangle AI Chips to Woo Founders
Venture capitalists have long flaunted their ties with startup founders. Lately they have been touting a different relationship: their connections with the biggest providers of artificial intelligence chips. VC partners competing to win sought-after investments in AI startups have been highlighting their relationships with Amazon, Microsoft and Google, which can give startups access to...
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