Salesforce's AI Progress and Partnerships Drive Stock Surge
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Investors were impressed by Salesforce’s artificial-intelligence progress in the latest quarter as the software giant reported an earnings beat driven by growing demand for the company’s agentic-AI tools.
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CNBCSalesforce's bottom line is directly benefiting from AI, as the company recorded a $2.6 billion gain from its three-year-old investment in Anthropic. That figure could go up, as Anthropic is marching toward a highly anticipated IPO.
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Salesforce's expanding partnership with Anthropic further undercut the bear case, according to Cramer. The AI company, once viewed as a potential threat to traditional software providers, teamed up with Salesforce on Claudeforce, which will allow Claude users to tap Salesforce data to perform tasks such as composing emails and updating records.
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Shares of CrowdStrike Holdings were roaring after the cybersecurity company revealed a record-breaking quarter, one partially boosted by fears about the power of artificial intelligence.
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Independent claims that didn't surface elsewhere in our corpus. Treat as supplementary — not corroborated across outlets.
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01 CNBC For the better part of a year, Salesforce CEO Marc Benioff has been hearing that his company could get wiped out by AI. He's scoffed anytime someone has asked him about it.
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02 MarketWatch Its stock CRWD jumped about 9% in premarket trading following management’s announcement that risks associated with AI fueled growth.
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Sources (2)
- marketwatch
- cnbc