12 AI Stocks Poised for Massive Growth

7. Salesforce, Inc. (NYSE:CRM)

Number of Hedge Fund Holders: 162

Salesforce Inc (NYSE:CRM) is a cloud-based CRM company that has gained popularity after it unveiled its AI-powered platform called Agentforce. On March 11, the company announced plans to invest USD 1 billion in Singapore over the next five years, boosting the nation’s digital transformation and Agentforce adoption. With businesses increasingly embracing Agentforce, Singapore is an important growth market for the company.

Not only will the investment support Singapore’s National AI Strategy 2.0, but it will also help the country manage its slowing growth rate of the labor force, which is characterized by an aging population and declining birth rates. Enterprises in Singapore will be able to develop countless digital workforces that will enable them to unlock new levels of productivity, innovation, and growth.

“We are in an incredible new era of digital labor where every business will be transformed by autonomous agents that augment the work of humans, revolutionizing productivity and enabling every company to scale without limits. Singapore is at the forefront of this shift, and as the world’s largest provider of digital labor through our Agentforce platform, Salesforce is thrilled to expand our work with the business community and our longtime partners in the region to drive innovation, productivity and growth.”

-Marc Benioff, Chair and CEO, Salesforce.