Categories: India

UPDATE 1-Salesforce to invest $15 billion in San Francisco over five years

(Adds details in paragraphs 2-3) Oct 13 (Reuters) – Cloud software provider Salesforce said on Monday it would invest $15 billion in San Francisco over the next five years to support artificial intelligence innovation and workforce development in the city. The investment will support a new AI incubator hub on Salesforce's San Francisco campus and help companies adopt AI agents, which can perform tasks on behalf of the users, the company said. "This $15 billion investment reflects our deep commitment to our hometown — advancing AI innovation, creating jobs and helping companies and our communities thrive," Chief Executive Marc Benioff said in a statement. (Reporting by Jaspreet Singh in Bengaluru; Editing by Shilpi Majumdar)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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