AI
AI

Salesforce Commits $1 Billion Investment in AI Initiatives in Singapore Over Next Five Years

Photo credit: www.cnbc.com

Salesforce made headlines on Wednesday by announcing a substantial investment of $1 billion in Singapore over the upcoming five years.

The cloud computing leader revealed that this capital infusion aims to enhance the digital transformation efforts within the country, particularly by promoting the use of its advanced AI solution, Agentforce.

As part of a broader trend, Salesforce and other technology enterprises are looking to increase their revenues through the incorporation of generative AI capabilities into their products.

Recently, the company unveiled an upgraded version of Agentforce, which was showcased last month. Salesforce has characterized this platform as a groundbreaking AI solution for businesses, capable of addressing complex inquiries within its Slack communications tool by leveraging a wealth of data.

Marc Benioff, the CEO of Salesforce, is slated to participate in a discussion at CNBC’s CONVERGE LIVE, scheduled for approximately 9:25 a.m. Singapore time (or 9:25 p.m. ET) on Wednesday.

In his statement, Benioff emphasized, “We are entering an extraordinary new era of digital labor, where every organization will experience transformation driven by autonomous agents that support human efforts, thereby revolutionizing productivity and allowing companies to expand without boundaries.” He further noted, “Singapore is leading this transformation, and we are positioned as the premier provider of digital labor through our Agentforce platform.”

This story is ongoing and further updates will be provided as new information emerges.

Source
www.cnbc.com

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