-- In the frothy business of selling artificial intelligence service, Salesforce Inc. has been punching above its own weight. You can attribute this feistiness to Marc Benioff, the larger-than-life chief executive officer of Salesforce whose maverick strategies helped him spearhead the software-as-a-service revolution, and grabbed him a client base that includes 90% of Fortune 500 companies, including Walt Disney Co. …
Salesforce Inc. shares hit a record high on Wednesday, December 4, after the customer relationship management software maker reported better-than-expected quarterly revenue, boosting hopes for the much-hyped artificial intelligence strategy. Salesforce hit a record high of $368.7, up 11 per cent in early morning trading and is set to add more than $35 billion to its market valuation of $316.85 …
-- Salesforce Inc. reported quarterly revenue that topped analysts’ estimates, boosting investor hopes that the company’s much-hyped strategy for artificial intelligence products will lift financial results. Adjusted operating margin, a measure of profitability, was 33.1%, compared with an average estimate of 32.2% Salesforce, the top seller of customer relations management software, pivoted its AI strategy this year to focus on …
