Salesforce pledges to invest $ 1 billion in singapore over five years in ai push

Marc Benioff, Chairman & CEO of Senseforce, Speaking on CNBC’s Squawk Box Outside The World Economic Forum in Davos, Switzerland on Jan. 22nd, 2025.

Gerry Miller | CNBC

Salesforce On Wednsday Announced Plans to Invest $ 1 Billion in Singapore over the next five years.

The cloud software giant said the investment is designed to accelerate the countetry’s digital transformation and the adoption of salesforce’s flagship ai offering agentforce.

Salesforce is among the many technology companies hoping to boost revaneue with generative ai features.

The company launched The newest version of agentforce last month. It has previously described the system – which it says can tackle sophisticated questions in salesforce’s slack communications app, based on all available data – as the first digital ai Platform Enterprises.

“We have had a fantastic experience here. Sara eisen at converge live in Singapore on Wednsday.

“We don’t just do sales and marketing here. We also do extramely advanced artificial intelligence development. Center, “He Added.

Salesforce said agentforce can help singapore to “rapidly expand” its labor force in several key service and public sector roles at a time when the country is grappling with an an aging population and Declining Birth Rates,

Jermaine Loy, Managing Director of the Singapore Economic Development Board, Welcome Slesforce’s Investment, Saying It will Help to Boost The Country’s Efforts “to Buland Ai innovation ai innovation.”

– CNBC’s Jordan Novet Contributed to this Report.

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