Shares of the SaaS company popped 4% in after-hours trading on Wednesday as it bested Wall Street estimates on sales, operating margins, and earnings.
The company maintained its full year sales outlook, but lifted its expectations for operating margins. That may spur enthusiasm that Salesforce's various AI initiatives will boost profits. He also says Microsoft has "misled" customers "that they have to do so much heavy lifting on the technology side." Salesforce aims to enable customers to train their models within its platform."One of the biggest initiatives in the field is around monetizing the AI theme within the Salesforce massive installed base.
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