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☆ Marc Benioff says Microsoft rebranding Copilot as AI 'agents' shows they're in 'panic mode'
▼ + stars: | 2024-10-21 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +3 min

Benioff said Microsoft Copilot was inaccurate and compared it to "Clippy 2.0." Salesforce recently announced a pivot to Agentforce, its own product that inlcudes custom AI agents. Benioff's post comes over a month after Salesforce announced its own pivot to AI agents through Agentforce. Advertisement"This is the next big transformation," Benioff told Fortune in September, referring to AI agents. In his X post critiquing Microsoft Copilot, the Salesforce CEO said Agentforce, in contrast, was "what AI was meant to be."

Persons: Marc Benioff, Benioff, Microsoft Copilot, Salesforce, —, Copilot, Fortune, Agentforce Organizations: Microsoft, it's, Service, Monday, Business, McKinsey, Thomson Reuters

☆ Salesforce CEO Marc Benioff slams Microsoft's Copilot again, calling it 'disappointing'
▼ + stars: | 2024-10-17 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +4 min

Marc Benioff criticized Microsoft's Copilot again, calling it "disappointing" and inaccurate. The Salesforce CEO slammed Microsoft's AI assistant in an X post, saying, "It just doesn't work." AdvertisementMarc Benioff has criticized Microsoft's AI assistant, Copilot, for the second time in as many months. The Salesforce chief called Copilot "disappointing" in a post on X. Salesforce has launched its own AI assistant called Einstein Copilot. On both occasions, Benioff compared Microsoft's Copilot to Clippy — the discontinued animated paperclip that offered suggestions in applications including Word.

Persons: Marc Benioff, Microsoft's Copilot, Microsoft's, —, Copilot, Salesforce, Einstein, Clippy, Benioff, Gartner, Microsoft didn't Organizations: Service, Gartner, Microsoft, Business

☆ Big backer of Nvidia heaps on praise after the recent stock rally. Where we stand now
▼ + stars: | 2024-10-10 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +4 min

Morgan Stanley has a buy-equivalent rating on the Club stock and a price target of $150 a share, implying 13% upside from Wednesday's close. If artificial intelligence models are tasked with completing more complicated tasks, that could play into Nvidia's hands over time, Morgan Stanley reasoned. Several positive updates on AI adoption last month helped Nvidia's stock mount the comeback, which has completely erased a severe post-earnings slide that began Aug. 28 . More recently, Nvidia CEO Jensen Huang has touted "insane" demand for Blackwell . Nvidia CEO Jensen Huang talks onstage with Salesforce CEO Marc Benioff during Salesforce's Dreamforce on September 17, 2024 in San Francisco, California.

Persons: Morgan Stanley's, Jensen Huang, Morgan Stanley, Nvidia's, Morgan, Jim Cramer, Jim Cramer's, Jim, Marc Benioff, Salesforce's Dreamforce, Justin Sullivan Organizations: Nvidia, Club, Blackwell, Tech, Microsoft, Nasdaq, Google, Apple, Devices, Broadcom, CNBC, Getty Locations: —, San Francisco , California

☆ As AI innovation takes hold, business leaders need to think cross-functionally and keep learning, says Maggie Hulce, Indeed's chief revenue officer
▼ + stars: | 2024-10-09 | by ( Julia Hood | ) www.businessinsider.com time to read: +8 min

Maggie Hulce is Indeed's chief revenue officer and a member of BI's Workforce Innovation board. Cross-functional understanding, Hulce said, is an essential skill for today's C-suite as executives navigate the innovation juggernaut of artificial intelligence. How are you and other business leaders driving AI adoption in companies? You can have lots of different functional leaders who grew up in and have expertise in their function — but when you're solving customer problems, you're solving operational problems. These are customer problems, end to end.

Persons: Maggie Hulce, —, Hulce, Chris Hyams, it's Organizations: Service, Business, Pathfinder, Companies, Technology

☆ Salesforce may finally have found its AI footing. What it means beyond the initial hype
▼ + stars: | 2024-09-25 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +8 min

Bowing to investor pressure, Salesforce has adopted a more disciplined approach to dealmaking, increasing the importance of internal product development. "Agentforce is the product announcement [Salesforce] investors have sought for years," Needham analysts wrote in a recent note to clients. Salesforce stock remains down about 13% from its 2024 peak close and record high of $316.88 a share on March 1. CRM 1Y mountain Salesforce's stock over the past 12 months. Analysts said Salesforce is cheap compared to peers on multiple valuation metrics with ample room to increase free cash flow ahead.

Persons: Salesforce, Jim Cramer, Agentforce, Mulesoft, Needham, Einstein, —, Jim, Bofa, Baird, Piper Sandler, Piper, Jim Cramer's, Marc Benioff, Salesforce's Dreamforce, Justin Sullivan Organizations: Wall Street, Nasdaq, Barclays, Saks, Investors, Bank of America, CNBC, Getty Locations: Dreamforce, San Francisco, San Francisco , California

☆ Marc Benioff dismisses Microsoft's Copilot AI as the next 'Clippy'
▼ + stars: | 2024-09-22 | by ( Katie Balevic | ) www.businessinsider.com time to read: +1 min

Salesforce CEO Marc Benioff compared Microsoft's Copilot to Office's much-maligned "Clippy." Go to newsletter preferences Thanks for signing up! AdvertisementIt's unclear which assistant should be more offended: Microsoft Copilot or Microsoft Office's Clippy. Benioff dismissed Microsoft's Copilot AI features during an interview in the midst of his company's annual Dreamforce conference in San Francisco. "We all know now that Microsoft Copilot is basically the new Microsoft Clippy, that customers have not gotten value from it," Benioff said during an interview with Bloomberg.

Persons: Marc Benioff, Copilot, Benioff, Salesforce, —, Microsoft's Organizations: Service, Microsoft, Bloomberg, Business Locations: San Francisco

☆ California Gov. Newsom says he's worried about 'chilling effect' of AI bill
▼ + stars: | 2024-09-18 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +1 min

Gavin Newsom is concerned about the state's controversial AI bill. The governor told a conference he's concerned about a potential "chilling effect" on AI development. Go to newsletter preferences Thanks for signing up! Gavin Newsom is concerned about the state's controversial AI bill. During an appearance at Salesforce's Dreamforce event in San Francisco on Tuesday, the governor said he was concerned about a potential "chilling effect" on AI development the bill could cause.

Persons: Gavin Newsom, Newsom, —, didn't Organizations: Service, Bloomberg, Business Locations: California, San Francisco

☆ Slowinski: Oracle's cloud growth is strong, while Salesforce and Workday face weaker demand.
▼ + stars: | 2024-09-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSlowinski: Oracle's cloud growth is strong, while Salesforce and Workday face weaker demand. Stefan Slowinski, Global Head of Software Research at BNP Paribas, believes Salesforce's Dreamforce event, despite its significance, won't significantly impact the stock due to ongoing uncertainty in its AI strategy and leadership changes.

Persons: Stefan Slowinski, Salesforce's Organizations: Software Research, BNP

☆ Salesforce turns to 'boomerangs,' luring back former execs to help reignite growth
▼ + stars: | 2023-09-18 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

Marc Benioff, chief executive officer of Salesforce.com Inc., right, greets attendees after a keynote at the company's Dreamforce conference in San Francisco on Sept. 12, 2023. Ariel Kelman had been away from Salesforce for over a decade, when he received a direct message on Twitter from CEO Marc Benioff earlier this year. "I just thought it was good timing," Kelman said in an interview at Salesforce's Dreamforce conference in San Francisco last week. Kelman spent the few months prior running marketing at a startup called Fireblocks before rejoining Salesforce in June as chief marketing officer. Kelman and Milano are among at least eight ex-Salesforce execs who have rejoined the gang in 2023, as the company approaches its 25th birthday.

Persons: Marc Benioff, Benioff, Ariel Kelman, who'd, Kelman, Miguel Milano, Milano, Brian Millham, Millham, Dreamforce . Kelman, Salesforce, Bret Taylor, it's Organizations: Salesforce.com Inc, Amazon Web Services, Oracle, Salesforce's, Salesforce, CNBC Locations: San Francisco, Salesforce, Madrid

☆ Cramer's week ahead: Pay attention to Wall Street conferences
▼ + stars: | 2023-09-08 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer told investors to prepare for several big conferences next week, including Salesforce's Dreamforce and Morgan Stanley's annual Laguna Conference. "This all matters because I think we're near the end of the Fed's tightening cycle," Cramer said. On Monday, Cramer will be watching the Barclays Annual Global Financial Services Conference where JP Morgan CEO Jamie Dimon will speak. Cramer will also be following Dreamforce, taking place in San Francisco, next week. Friday may find investors worrying about the Federal Reserve's meeting the following week, Cramer said.

Persons: CNBC's Jim Cramer, Salesforce's Dreamforce, Morgan, Cramer, we've, Jamie Dimon, he's Organizations: Laguna Conference, Barclays, Global Financial Services, United Auto Workers Locations: Laguna, San Francisco

☆ Salesforce co-CEO Benioff says there's 'no finish line when it comes to security' after Uber hack
▼ + stars: | 2022-09-20 | by ( Jordan Novet | ) www.cnbc.com time to read: +2 min

Marc Benioff, founder, chairman and co-CEO of Salesforce, speaks at an Economic Club of Washington luncheon in Washington on October 18, 2019. Salesforce co-CEO Marc Benioff said the cloud software company has much more to do in the area of cybersecurity following an attack at Uber involving Salesforce's Slack chat app. "There's no finish line when it comes to security and social engineering," Benioff said during a press conference at Salesforce's Dreamforce conference in San Francisco on Tuesday. Most of the company's engineering team works on security and trust, said Bret Taylor, Salesforce's other co-CEO. WATCH: Salesforce was born in the 2001 recession, says chairman and co-CEO Marc Benioff

☆ Investing Club: The week in review, the week ahead — Sept. 16, 2022
▼ + stars: | 2022-09-16 | by ( Zev Fima | ) www.cnbc.com time to read: +5 min

As we saw from Starbucks (SBUX), Humana (HUM) and Danaher (DHR) this week, companies are still investing in the future despite the difficult macroeconomic environment. Conferences will continue next week and within the portfolio we look forward to hearing from Nvidia (NVDA), Salesforce (CRM) and Qualcomm (QCOM). On Thursday, initial jobless claims for the week ending Sept. 10 came in at 213,000, a decrease of 5,000 from the prior week and below expectations of 227,000. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .

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