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.)

Indianews Syndication

Recent Posts

Surat Entrepreneur Piyushbhai Desai’s vision: Rs 7,500 in Educational Assistance for 21,000 girls

Surat (Gujarat) [India], September 3: Surat- based young entrepreneur Mr. Piyushbhai Bhurabhai Desai has launched…

23 hours ago

How Apartments Are Becoming India’s Largest Offline Social Networks

Amit Kumar Agarwal, co-founder and CEO of NoBroker Bengaluru (Karnataka) [India], September 4: Gated communities…

1 day ago