During the quarter, Salesforce stated that they will start this fall some testing on an Einstein Copilot designed for Merchants, and it can compose product pages and promotions with only a few words of human contribution.
Marc Benioff, the CEO, talked about the company’s Agent AI offering on the call.
“So many customers are so disappointed in what they bought from Microsoft, and copilots, because they aren’t getting the accuracy and the responses they want. Microsoft has disappointed so many customers with AI. Listen. These agents are autonomous, able to act with accuracy, come right out of the box, able to go right out of the platform.”, Marc said.
Also, earlier this month activist investors from Starboard and ValueAct disclosed that they obtained increases in their positions at Salesforce. They managed to buy shares before the company announced a widening of their adjusted operating margin earlier than planned last year.
If we exclude the after-hours move, we can say that Salesforce shares have lowered by 2% already this year even though the S&P 500 index acquired 17% in the same period.
.webp)
.webp)
