Salesforce’s $15 billion investment in San Francisco over the next five years aims to support businesses in adopting AI technology. The company, founded in the city in 1999, is enhancing its products with AI features, including Slack, to compete with other tech giants like ServiceNow, Oracle, and Microsoft in the AI space.
The investment will fund an AI incubator on Salesforce’s San Francisco campus, aiding companies in deploying AI agents that can assist users with various tasks. CEO Marc Benioff expressed the company’s commitment to advancing AI innovation and creating job opportunities to help communities thrive.
Additionally, Salesforce recently launched Agentforce 360, a new AI platform for businesses. This platform combines various components, including the Agentforce 360 Platform, Data 360, Customer 360 Apps, and Slack, to create a collaborative environment where AI supports human workers. Salesforce’s goal is to boost productivity and customer engagement through AI-driven automation while maintaining a workforce that values human-machine collaboration.