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The Latest Breaking News from Marc Benioff

Anthropic needs to bring in Amazon-style earnings to justify its $2 trillion valuation—but it’s barely turned a profit

Investors are hoping for a $2 trillion listing in October backed by one of the fastest revenue ramps anyone has ever seen for a company that has yet to report an annual profit. That might bode well for OpenAI.

Fortune

Salesforce Cuts 133 More Jobs Across California and Washington Amid CEO's 'I Need Less Heads' Remark

Salesforce announces 133 job cuts in San Francisco, Seattle, and Bellevue, effective 5 October. Discover the reasons behind these redundancies and the role of AI in Salesforce's strategy.

International Business Times UK

Amazon's CTO on how developers can ride out the AI-powered coding wave

Software engineering is going through its most dramatic transformation in years.

Fortune

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Mukesh Ambani, Sunil Mittal named founding members of ITU-backed AI commission

Mukesh Ambani and Sunil Bharti Mittal have been appointed as founding members of the UN's AI for Good Global Commission. This influential body, co-chaired by Rwanda's President Paul Kagame and Salesforce CEO Marc Benioff, aims to foster trust, expand access, and leverage AI for global challenges. The commission will hold…

The Economic Times

Wall Street billionaire turned an hour meeting with Disney’s cofounder into an entire day together—all he did was read a report most analysts ignored

Before building the $80 billion Wall Street giant KKR, Henry Kravis met with Walt Disney’s brother Roy and learned the importance of doing your homework.

Fortune

Salesforce snaps up customer service software giant Fin for $3.6bn

Salesforce is set to buy Fin, formerly known as Intercom, in a multibillion-dollar deal subject to regulatory approval.

TechRadar

Salesforce Buys AI Customer Service Platform Fin for $3.6 Billion to Strengthen Agentic AI Push

Salesforce announced Monday that it has agreed to acquire AI customer service company Fin for approximately $3.6 billion.

International Business Times

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'No action is too extreme when the fate of humanity is at stake!' — Anthropic CEO and others are pushing for safety measures against their own technology

Anthropic CEO Dario Amodei and other major figures in the AI space are aware of the dangers of the evolving technology, judging by their quotes.

Tom’s Guide

Snowflake CEO says monster quarter shows why software firms need new pricing models to thrive in AI age

Sridhar Ramaswamy predicts that companies reliant on seat-based income will scramble to justify their premiums as employees use AI to accomplish an immense amount of work.

Fortune

As AI slashes white-collar jobs, Salesforce CEO Marc Benioff says almost no one is being hired—except in sales

Salesforce CEO Marc Benioff revealed that the $145 billion firm is keeping its engineering team slim thanks to AI—but has good news for sales workers.

Fortune

Salesforce turbocharges $25 billion stock buying spree with debt, cuts cash flow guidance in half

In the first quarter of fiscal 2027, Salesforce returned $27.5 billion to shareholders.

Fortune

'It's gonna be awesome': Salesforce CEO Marc Benioff has high hopes for using AI in its products, says 'it's impossible to describe what we're gonna be able to do for customers'

"Everything's gonna be cheaper to make, it's more efficient", says Salesforce CEO.

TechRadar

Salesforce Q1 Earnings Call Highlights

Salesforce (NYSE:CRM) reported what executives described as an “outstanding” fiscal 2027 first quarter, highlighting double-digit revenue growth, margin expansion, strong cash flow and accelerating adoption of its Agentforce artificial intelligence products. Chair and CEO Marc Benioff said Salesfor

MarketBeat

After receiving backlash, the CEO of Standard Chartered apologizes for hurt over saying ‘lower value human capital’ will be automated by AI

Bill Winters, the CEO of Standard Chartered, says about 15% of “back office” corporate function roles will be reduced in the next four years.

Fortune

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Fortune

How a book convinced Arundhati Bhattacharya, one of India's most powerful bankers, to try working for a U.S. tech company

Under Arundhati Bhattacharya, Salesforce’s South Asia headcount grew from 2,500 to over 18,000; India is now one of Salesforce’s fastest growing markets.

The Economic Times

Uber CEO on Travis Kalanick; Micron’s warning to India

Dara Khosrowshahi told ET in an interaction that Uber is open to collaborating with founder Travis Kalanick. This and more in today’s ETtech Top 5.

The Economic Times

Salesforce to spend $300 million on Anthropic tokens in 2026: CEO Marc Benioff

Salesforce CEO Marc Benioff revealed the company anticipates spending nearly $300 million on Anthropic tokens by 2026, primarily for AI-powered software development and coding assistance. Benioff emphasised that AI tools enhance engineer productivity and efficiency, rather than replacing them, as Salesforce continues to invest heavily in AI across its operations.

The Economic Times

Salesforce planning a future without new engineers? CEO Marc Benioff’s AI strategy sparks industry buzz

Salesforce is halting software engineer hiring in 2025, anticipating a significant productivity boost from AI tools like Agentforce. CEO Marc Benioff projects hundreds of millions in spending on AI tokens, particularly for coding tasks, indicating a strategic shift towards AI investment over team expansion. Engineers will work alongside AI, not…

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Fortune

The AI boom hasn’t stopped U.S. companies from hiring cheap offshore labor, and overseas call center employment is still skyrocketing

“The technology that was supposed to shrink the industry is fueling its expansion,” said Apollo chief economist Torsten Slok.

Barchart

Dear Salesforce Stock Fans, Mark Your Calendars for May 27

The SaaS behemoth is set to report its Q1 2026 results on May 27. Here's what to know.

Fortune

Salesforce CEO Marc Benioff turned his earnings call into a vodcast. Why other Fortune 500 CEOs might follow

The stodgy earnings call is morphing into a new kind of corporate performance, designed to be watched, clipped, and shared.

The Independent UK

The Latest: King Charles visits Washington with hopes of restoring the US-UK relationship

King Charles III will embrace some of Washington’s most formal ceremonial trappings as he tries to emphasize a bond between the United Kingdom and the United States that is so strong it can withstand the political turmoil of the moment

Fortune

Salesforce CEO Marc Benioff says AI won't kill entry-level jobs. He’s hiring 1,000 new grads to prove it

The billionaire said the SaaS giant would hire recent grads to help build its AI platforms.

Barchart

Not Dead Yet: Why CEO Marc Benioff Says the Opportunity for Salesforce Stock Has ‘Never Been Greater’

Benioff is dismissing some of the panic over the software apocalypse.

Fortune

AI promises to free workers from grunt work, but psychologists say those mindless tasks are exactly what our brains need to recover

Experts warn eliminating boring tasks with AI could drain our mental bandwidth.

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