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Salesforce CEO Benioff Predicts AI Spending Boom

By
Kevin McLaughlin
· · Source: The Information

Salesforce shares fell more than 5% after its first-quarter earnings  report even though the software provider raised its full-year earnings and operating margin targets, suggesting that some investors are still wary about its ongoing efforts to run more efficiently. On an earnings call, CEO Marc Benioff focused on the opportunity Salesforce sees in generative AI, declaring that “we are about...

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