The SaaS debt trap Wall Street spent the week arguing about whether AI is slowing down. The other bubble is what the SaaS incumbents did when their multiples collapsed. Fortune · Sep 22
What the 'Stop the AI Race' Protest Outside Dreamforce Reveals About the Coming Fight Over AI Rules Two dozen protesters, 43,000 Dreamforce attendees. What the polling, OpenAI's disclosures and Trump's 'hoax' claim reveal about the AI backlash. Latin Times · Sep 18
Salesforce's Marc Benioff to AI industry: Regulate yourselves or get sued The outspoken CEO is hosting the company's annual Dreamforce conference this week in San Francisco. Fortune · Sep 16
Anthropic's Amodei calls for industry-wide AI safety standards On the back of publishing an essay urging AI companies to slow down, the Anthropic chief made the case for industry-wide safety standards. The Economic Times · Sep 15
Since 2000, Marc Benioff and his wife bought 600 plus acres in Hawaii, only to donate 440 acres Since 2000, Salesforce CEO Marc Benioff and his wife, Lynne, have bought more than 600 acres in Hawaii worth nearly $100 million. They later donated 440 acres to support affordable housing on the Big Island. The Ouli Project will begin with 43 self-help homes for low- to moderate-income residents, along… The Times of India · Sep 13
Even low-ranked colleges can be a ticket to six figures: Graduates earn $100K+ a decade later—more than twice as much as high school grads Nearly every school in a new ranking has median earnings above $90,000, showing students don’t necessarily need to attend Harvard to make a strong salary. Fortune · Sep 11
In 2020, Salesforce founder Marc Benioff backed a global effort to conserve and restore 1 trillion trees, later expanding his climate giving to $300 million In 2021, Marc and Lynne Benioff took significant action towards environmental sustainability by launching a monumental $100 million Benioff TIME Tree Fund aimed at supporting reforestation initiatives. This impactful project not only aids indigenous and community-managed forest programs but also extends to ocean conservation efforts and advancements in climate technology.… The Times of India · Sep 4
The AI boom hasn’t stopped U.S. companies from hiring cheap offshore labor, and overseas call center employment is still skyrocketing “The technology that was supposed to shrink the industry is fueling its expansion,” said Apollo chief economist Torsten Slok. Fortune · Aug 29
Salesforce reveals 'Claudeforce' in major new Anthropic AI deal as CEO Marc Benioff pushes back against SaaSpocalypse Salesforce CEO hits back at 'SaaSpocalypse' fears as company reveals new tie-up with Anthropic on Claudeforce platform. TechRadar · Aug 27
Anthropic needs to bring in Amazon-style earnings to justify its $2 trillion valuation—but it’s barely turned a profit Investors are hoping for a $2 trillion listing in October backed by one of the fastest revenue ramps anyone has ever seen for a company that has yet to report an annual profit. That might bode well for OpenAI. Fortune · Aug 14
Salesforce Cuts 133 More Jobs Across California and Washington Amid CEO's 'I Need Less Heads' Remark Salesforce announces 133 job cuts in San Francisco, Seattle, and Bellevue, effective 5 October. Discover the reasons behind these redundancies and the role of AI in Salesforce's strategy. International Business Times UK · Aug 10
Amazon's CTO on how developers can ride out the AI-powered coding wave Software engineering is going through its most dramatic transformation in years. Fortune · Jul 9
Mukesh Ambani, Sunil Mittal named founding members of ITU-backed AI commission Mukesh Ambani and Sunil Bharti Mittal have been appointed as founding members of the UN's AI for Good Global Commission. This influential body, co-chaired by Rwanda's President Paul Kagame and Salesforce CEO Marc Benioff, aims to foster trust, expand access, and leverage AI for global challenges. The commission will hold… The Economic Times · Jul 3
Wall Street billionaire turned an hour meeting with Disney’s cofounder into an entire day together—all he did was read a report most analysts ignored Before building the $80 billion Wall Street giant KKR, Henry Kravis met with Walt Disney’s brother Roy and learned the importance of doing your homework. Fortune · Jun 30
TechRadar · Jun 16 Salesforce snaps up customer service software giant Fin for $3.6bn Salesforce is set to buy Fin, formerly known as Intercom, in a multibillion-dollar deal subject to regulatory approval.
International Business Times · Jun 15 Salesforce Buys AI Customer Service Platform Fin for $3.6 Billion to Strengthen Agentic AI Push Salesforce announced Monday that it has agreed to acquire AI customer service company Fin for approximately $3.6 billion.
Tom’s Guide · Jun 4 'No action is too extreme when the fate of humanity is at stake!' — Anthropic CEO and others are pushing for safety measures against their own technology Anthropic CEO Dario Amodei and other major figures in the AI space are aware of the dangers of the evolving technology, judging by their quotes.
Fortune · May 30 Snowflake CEO says monster quarter shows why software firms need new pricing models to thrive in AI age Sridhar Ramaswamy predicts that companies reliant on seat-based income will scramble to justify their premiums as employees use AI to accomplish an immense amount of work.
Fortune · May 28 As AI slashes white-collar jobs, Salesforce CEO Marc Benioff says almost no one is being hired—except in sales Salesforce CEO Marc Benioff revealed that the $145 billion firm is keeping its engineering team slim thanks to AI—but has good news for sales workers.
Fortune · May 28 Salesforce turbocharges $25 billion stock buying spree with debt, cuts cash flow guidance in half In the first quarter of fiscal 2027, Salesforce returned $27.5 billion to shareholders.
TechRadar · May 28 'It's gonna be awesome': Salesforce CEO Marc Benioff has high hopes for using AI in its products, says 'it's impossible to describe what we're gonna be able to do for customers' "Everything's gonna be cheaper to make, it's more efficient", says Salesforce CEO.
MarketBeat · May 27 Salesforce Q1 Earnings Call Highlights Salesforce (NYSE:CRM) reported what executives described as an “outstanding” fiscal 2027 first quarter, highlighting double-digit revenue growth, margin expansion, strong cash flow and accelerating adoption of its Agentforce artificial intelligence products. Chair and CEO Marc Benioff said Salesfor
Fortune · May 26 After receiving backlash, the CEO of Standard Chartered apologizes for hurt over saying ‘lower value human capital’ will be automated by AI Bill Winters, the CEO of Standard Chartered, says about 15% of “back office” corporate function roles will be reduced in the next four years.
Fortune · May 19 How a book convinced Arundhati Bhattacharya, one of India's most powerful bankers, to try working for a U.S. tech company Under Arundhati Bhattacharya, Salesforce’s South Asia headcount grew from 2,500 to over 18,000; India is now one of Salesforce’s fastest growing markets.
The Economic Times · May 18 Uber CEO on Travis Kalanick; Micron’s warning to India Dara Khosrowshahi told ET in an interaction that Uber is open to collaborating with founder Travis Kalanick. This and more in today’s ETtech Top 5.