Salesforce's AI Bet: Investors Skeptical, Benioff Optimistic
Update: 2025-12-04
Description
Salesforce, a leading business software company, reported impressive quarterly results, with earnings surging by 37% and revenue rising by 9%. Despite these positive numbers, investor skepticism about AIs immediate impact on corporate customers has persisted, causing Salesforces stock to fluctuate. CEO Marc Benioff remains optimistic about AIs potential, having laid off customer support workers and acquiring AI tools company Informatica for $8 billion. Salesforce aims to reach $60 billion in revenue by 2030, requiring consistent annual growth.
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