9 Important AI News and Ratings on Investors’ Radar

4. Salesforce, Inc. (NYSE:CRM)

Number of Hedge Fund Holders: 116

Salesforce, Inc. (NYSE:CRM) incorporates AI into its CRM platform, providing tools for predictive analytics, customized customer insights, and workflow automation. These AI-powered solutions assist businesses in streamlining processes, forecasting results, and improving customer engagement across various sectors.

Salesforce CEO Marc Benioff promoted the company’s AI agents in a Yahoo Finance interview. In another Yahoo Finance interview, D.A. Davidson analyst Gil Luria tempered expectations about their revenue impact. He noted that Salesforce’s proposed per-transaction pricing model could worry customers, as high usage might lead to unpredictable costs. While the approach may take time for customers to adapt, Luria believes it will likely contribute only modestly to revenue next year. This comes as Salesforce is projected to approach $40 billion in revenue, making the AI agents less impactful on its overall financial performance.