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Salesforce Soars on AI Bet | Durham News
Salesforce’s stock soared over 22% this week fueled by a blockbuster earnings report and a major AI play—thanks to a huge paper gain from its Anthropic investment, not core software sales. The company also unveiled an expanded AI partnership letting sellers manage deals via Anthropic’s assistant, signaling AI is now deeply woven into Salesforce’s CRM strategy. Analysts at Morgan Stanley dug deeper, noting stronger-than-expected cRPO data hinting at real business acceleration, while customer retention remains strong—with longer contracts and record upfront commitments. Salesforce’s own AI…
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