Top 10 AI Stocks on Wall Street’s Radar Right Now

5. Salesforce, Inc. (NYSE:CRM)

Number of Hedge Fund Holders: 162

Salesforce Inc (NYSE:CRM) is a cloud-based CRM company that has gained traction after the launch of its AI-powered platform called Agentforce. On February 20, The Information reported that Salesforce’s President and chief engineering officer, Srini Tallapragada, has revealed how the company is engaged in negotiations with several cloud providers including Microsoft, Google, and Oracle, about a new cloud deal. As reported by The Information’s Kevin McLaughlin, the deal is likely going to be worth more than $1B over several years. The report further noted that Salesforce’s primary cloud provider is now AWS.

UPDATE: Salesforce CEO Marc Benioff has called out the above report that claimed the company was negotiating a $1 billion-plus cloud deal with major tech firms to support its AI workload, stating that the story in @TheInformation is incorrect.