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Salesforce to Invest $15 Billion in San Francisco to Advance AI
Salesforce plans to create new jobs and boost AI innovation with a $15 billion investment, including an AI Incubator Hub and workforce training programs, over five years.
- Announcing a $15 billion plan, Salesforce, Inc. said the funding will support an AI Incubator Hub, workforce development, and Agentic Enterprise adoption in San Francisco over five years.
- Ahead of Dreamforce, Salesforce said the announcement aims to accelerate AI adoption and sharpen its competitive edge against ServiceNow, Oracle and Microsoft while welcoming nearly 50,000 attendees and generating $130 million.
- Alongside the pledge, the company announced a $100-million investment in UCSF Benioff Children’s Hospital and $39-million for AI education, with Trailhead upskilling more than 5 million people including 3,300 in San Francisco.
- The pledge aims to support an AI Incubator Hub on Salesforce’s San Francisco campus and workforce development and training programs to create jobs as Dreamforce brings nearly 50,000 attendees.
- As part of its strategy, Salesforce has promoted the 4Rs playbook and Agentforce 360, saying AI now does 30% to 50% of the company's work while support roles dropped from 9,000 to 5,000.
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12 Articles
Salesforce investing $15B to keep San Francisco ‘World’s AI Capital’
SAN FRANCISCO (KRON) -- Salesforce announced on Monday that the tech company will invest $15 billion into San Francisco over the next five years. Billionaire Marc Benioff's company said the hefty investment will "reinforce the city’s status as the world’s AI capital" by supporting a new Artificial Intelligence Incubator Hub on Salesforce's San Francisco campus, growing the AI ecosystem with "workforce development and training," and helping compa…
Channel News Asia
The Economic TimesSalesforce to invest $15 billion in San Francisco over five years
Cloud software provider Salesforce said on Monday it would invest $15 billion in San Francisco over the next five years to support artificial intelligence innovation and workforce development in the city.The investment will support a new AI incubator hub on Salesforce's San Francisco campus and help companies
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