Salesforce CEO Marc Benioff's war of words with Microsoft rages on at Davos
Published On Jan 22, 2025, 3:25 PM
At the World Economic Forum in Davos, Salesforce CEO Marc Benioff criticized Microsoft's AI offerings, specifically its Copilot tool, which he referred to as a rebranding of ChatGPT. This rivalry highlights the competitive landscape in AI solutions for business, especially between Salesforce and Microsoft. Recently, Salesforce has achieved significant success with its Agentforce AI, securing 200 deals in just one quarter, which has contributed to a notable rise in its stock price. However, skepticism remains among analysts about the long-term monetization potential of these AI tools for Salesforce.
Stock Forecasts
CRM
Positive
Salesforce's strong performance in closing AI-related deals and the positive market sentiment surrounding AI implementations position it positively despite some analyst skepticism.
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