Salesforce Loses AI Chief Amid Major Push for Autonomous Agents

Benzinga11-15 21:59

Salesforce Inc’s (NYSE:CRM) AI head, Clara Shih, has departed to pursue another opportunity, the Information cited a report from JMP Securities analyst Patrick Walravens. The departure coincides with ...

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Jim Cramer, host of CNBC’s “Mad Money,” held the platform responsible for the company’s current upside.Also Read: Meta Hit With $841 Million EU Fine Over Antitrust Violations Tied To Facebook Marketplace. Salesforce CEO Marc Benioff aims to revolutionize enterprise software by deploying AI agents to handle tasks autonomously, reducing human workloads.Benioff targets the rollout of a billion AI agents within a year, highlighting strong market demand and scalability.He believes Salesforce’s secure data infrastructure will offer a competitive edge, delivering more reliable AI insights.Salesforce already leverages these AI tools internally across customer service and sales to boost productivity.Advan","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"AMD":"美国超微公司","CRM":"赛富时"},"translate_title":"Salesforce因大力推动自主代理而失去人工智能主管","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AMD":0.9,"CRM":0.9},"content_text":"Salesforce Inc’s (NYSE:CRM) AI head, Clara Shih, has departed to pursue another opportunity, the Information cited a report from JMP Securities analyst Patrick Walravens.\nThe departure coincides with Salesforce’s Agentforce gaining traction, with Northland Capital Partners comparing it with Microsoft Corp (NASDAQ:MSFT). Jim Cramer, host of CNBC’s “Mad Money,” held the platform responsible for the company’s current upside.\nAlso Read: Meta Hit With $841 Million EU Fine Over Antitrust Violations Tied To Facebook Marketplace\nSalesforce CEO Marc Benioff aims to revolutionize enterprise software by deploying AI agents to handle tasks autonomously, reducing human workloads.\nBenioff targets the rollout of a billion AI agents within a year, highlighting strong market demand and scalability.\nHe believes Salesforce’s secure data infrastructure will offer a competitive edge, delivering more reliable AI insights.\nSalesforce already leverages these AI tools internally across customer service and sales to boost productivity.\nAdvanced Micro Devices, Inc (NASDAQ:AMD) and Tesla Inc (NASDAQ:TSLA) also noted the departure of their AI leaders this year.\nAMD’s AI leader, Victor Peng, retired on August 30, 2024. Vamsi Boppana, SVP of the AI Group, took over the AMD Instinct data center AI accelerator business, enhancing his current role.\nIn May, Tesla AI Manager Paril Jain left the EV company for his co-founded robotics company, The Bot Company.\nSalesforce stock surged over 29% year-to-date. The company reported second-quarter revenue of $9.33 billion, up 8%, beating the analyst estimate of $9.23 billion. It expects third-quarter revenue of $9.31 billion-$9.36 billion versus a consensus of $9.35 billion.\nPrice Action: CRM stock is down 1.23% at $327.5 premarket at the last check on Friday.\nAlso Read:\n\nASML Projects Revenue Surge to $63 Billion by 2030, Eyes AI and Chip Market Boom\n\nPhoto by NYCStock via Shutterstock\nUNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets.\nGet the latest stock analysis from Benzinga?\n\nSALESFORCE (CRM): Free Stock Analysis Report\n\nThis article Salesforce Loses AI Chief Amid Major Push for Autonomous Agents originally appeared on Benzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. 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