15 AI News That Broke The Internet

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3. Salesforce, Inc. (NYSE:CRM)

Number of Hedge Fund Holders: 116

Salesforce Inc (NYSE:CRM) is a cloud-based CRM company that has gained popularity after the launch of its AI-powered platform called Agentforce. On December 3rd, the company posted third-quarter results and fell short of earnings estimates but exceeded revenue expectations. Adjusted earnings for the third quarter were $2.41 per share, below expectations of $2.44 per share, as reported by FactSet. Revenue for the quarter was $9.44 billion, compared to the anticipated $9.35 billion.

The company said it now anticipates fiscal 2025 revenue to be between $37.8 billion to $38 billion. It revealed its AI-powered platform Agentforce in September and officially launched it in late October, allowing customers to use AI agents to handle tasks and accelerate productivity.

“Agentforce, our complete AI system for enterprises built into the Salesforce Platform, is at the heart of a groundbreaking transformation. The rise of autonomous AI agents is revolutionizing global labor, reshaping how industries operate and scale.”

-CEO Marc Benioff said in the company’s earnings release.

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