Salesforce Founder, Chair, and CEO Marc Benioff joins 'Mad Money' host Jim Cramer to talk its Agentforce software, partnerships with AI companies, its investments in San Francisco, and much more.
Salesforce announced expansions of its partnerships with AI model developers Anthropic and OpenAI. Agentforce data will be accessible in OpenAI's ChatGPT, and mutual customers will be able to sell products through the assistant's instant checkout feature.
Salesforce partnered with OpenAI to support sales teams and with Stripe to enable agentic commerce. The company announced these collaborations in press releases issued Tuesday (Oct. 14).
The investment will fund a new AI Incubator Hub, expand workforce-development programs and help companies transform into “agentic enterprises,” Salesforce said Monday.
Zacks.com users have recently been watching Salesforce.com (CRM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Salesforce Inc (NYSE:CRM, ETR:FOO) is putting its money where its code is, committing $15 billion to San Francisco over the next five years to strengthen the city's standing as a global hub for artificial intelligence. The investment will fund a new AI Incubator Hub on the company's campus, support workforce training, and help businesses adopt AI tools.
Salesforce announced Agentforce Voice, a feature that allows companies to have artificial intelligence agents answer customer service calls. The Agentforce product, which also includes text chat, now has more than 12,000 implementations, Salesforce said.
In the closing of the recent trading day, Salesforce.com (CRM) stood at $245.33, denoting a +2.04% move from the preceding trading day.
Salesforce reportedly told customers Tuesday (Oct. 7) that it won't pay a ransom demanded by a hacking group that threatened to publish client data it claims to have stolen. The company won't negotiate or pay any extortion demand, Bloomberg reported Tuesday, citing a Salesforce email and comments from a company spokesperson.
I'm upgrading Salesforce to a "Strong Buy," as the market underestimates the coming acceleration in growth from Agentforce adoption. Despite current modest revenue growth, CRM's profitability, strong balance sheet, and shareholder returns signal a transformed, disciplined company. Agentforce is already delivering internal efficiency gains, and I expect rapid customer adoption to drive a tipping point in top-line growth.
A notorious predominantly English-speaking hacking group has launched a website to extort its victims, threatening to release about a billion records stolen from companies who store their customers' data in cloud databases hosted by Salesforce.
VEEV's Vault CRM is gaining traction with top biopharma firms like Merck, Gilead, and BMS, signaling its rise as the industry's commercial standard.