10 AI News You Shouldn’t Miss

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1. Salesforce Inc (NYSE:CRM)

Number of Hedge Fund Holders: 117

Salesforce Inc (NYSE:CRM) offers cloud-based customer relationship management (CRM) software. The company offers AI solutions that deliver autonomous, generative, and predictive capabilities built directly into one’s CRM (Customer Relationship Management) software.

On November 4, Salesforce Inc.’s MuleSoft integration platform, an easy-to-use platform that helps IT teams automate processes and workflows, introduced support for a new tool that helps businesses create artificial intelligence agents that work with real-time data. The event-driven application programming interface tool, known as AsyncAPI, lets the AI agents respond quickly to changes in internal and external systems such as modifications to data or business rules. The new standard will let businesses build reliable event-driven systems that access real-time data, allowing the agents to work asynchronously, implying that they do not need to ask for an update and wait.

“AI is shaking up how we think about modern architectures, but keeping things connected remains at the forefront. Integration is still foundational to business success. By supporting a wider range of integrations like event brokers via AsyncAPI, we’re strengthening our commitment to providing a robust, agile platform for our customers to thrive in today’s complex digital landscape”.

-Andrew Comstock, VP of Product, Integration

While we acknowledge the potential of CRM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than CRM but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock.

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