Salesforce

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Recent Articles about Salesforce
Evan Spiegel using Spectacles. Photo by Snap
AI Agenda

Snap Shows AI Wearables Are Far Off; Salesforce CEO Says Microsoft Sells ‘Science Projects’

By Erin Woo and Jon Victor · Sep 18, 2024 7:00am PDT · 1 comment
Before we get to the main part of today’s column, we wanted to share a juicy tidbit about Nvidia’s $165 million offer to buy artificial intelligence software startup OctoAI, which Anissa broke Tuesday.Most OctoAI shareholders aren’t expected to get much of a payout, but merger documents show the startup’s senior management team would do quite... Before we get to the main part of today’s column, we wanted to share a juicy tidbit about Nvidia’...
Klarna CEO, Sebastian Siemiatkowski. Photo by Chris Ratcliffe/Bloomberg via Getty.
AI Agenda

Can AI Really Replace Salesforce and Workday?

By Ann Gehan and Amir Efrati · Sep 12, 2024 7:15am PDT · 1 comment
Before you get your hands on OpenAI’s Strawberry reasoning model—which we’re told is due out before the end of this week, including a version that will be in the free tier of ChatGPT—noodle on this:Can artificial intelligence kill the enterprise software app industry that’s led by companies such as Salesforce and Workday?That’s the... Before you get your hands on OpenAI’s Strawberry reasoning model—which we’re told is due out...
Salesforce CEO Marc Benioff
Special Report: M&A

If Salesforce is a Buyer Again, the M&A Market Must Be (Almost) Back

By Cory Weinberg · Apr 17, 2024 12:00pm PDT · 2 comments
A year ago, the board of Salesforce, one of the most acquisitive companies in tech, disbanded its mergers and acquisitions committee as it faced pressure from activist shareholders to reduce spending. The economic backdrop had sent deal-hunters into hiding. Forecasters braced for a global recession. Investment bankers complained they had nothing... A year ago, the board of Salesforce, one of the most acquisitive companies in tech, disbanded its...
Salesforce CEO Marc Benioff. Photo by Bloomberg via Getty
Salesforce to Invest in Nvidia Chip Reseller at More Than $1 Billion Valuation
By Kate Clark and Stephanie Palazzolo · Feb 14, 2024 4:23pm PST · 4 comments
Salesforce CEO Marc Benioff. Photo by Bloomberg via Getty
Exclusive

Salesforce to Invest in Nvidia Chip Reseller at More Than $1 Billion Valuation

By Kate Clark and Stephanie Palazzolo · Feb 14, 2024 4:23pm PST · 4 comments
Nvidia’s hot streak with artificial intelligence chips, which have been in high demand globally, is also lifting a slew of companies that resell the chips. Together AI, a startup that helps AI developers access Nvidia server chips to train and tweak their AI models, is raising more than $100 million in new funding that values the... Nvidia’s hot streak with artificial intelligence chips, which have been in high demand...
Marc Benioff, CEO of Salesforce. Photo by Getty.
AI Agenda

Salesforce Shows Incumbents’ Power in AI Race

By Stephanie Palazzolo · Aug 31, 2023 7:00am PDT
In a year that’s seen one out of every four dollars of venture funding go to an artificial intelligence startup, a historically un-sexy breed of investor has dominated the field: corporations.And not just the tech behemoths. It’s no secret that Microsoft, Google, Nvidia and Oracle have collectively invested billions of dollars into AI startups... In a year that’s seen one out of every four dollars of venture funding go to an artificial...
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The Briefing

Salesforce Delivers on Profits, but Growth Is Not What It Was

By Martin Peers · Aug 30, 2023 5:01pm PDT
It was a relaxed Marc Benioff who addressed Wall Street analysts on Wednesday afternoon, after Salesforce reported its July-quarter earnings. Not only did he tease a couple of his top executives on the call, but he waxed lyrical about his experience using Google’s Bard chatbot and talked up the potential of AI startups to revive San Francisco’s... It was a relaxed Marc Benioff who addressed Wall Street analysts on Wednesday afternoon, after...
Salesforce CEO Marc Benioff. Photo by Getty
Exclusive

Salesforce Leads Financing of AI Startup at More Than $4 Billion Valuation

By Jon Victor and Amir Efrati · Aug 22, 2023 2:04pm PDT · 1 comment
Salesforce is leading a financing round in Hugging Face, one of the most highly valued startups helping businesses use artificial intelligence, at a valuation north of $4 billion, according to two people with knowledge of the situation. The roughly $200 million funding round more than doubles the share price and private valuation of the New... Salesforce is leading a financing round in Hugging Face, one of the most highly valued startups...