Salesforce rolls out AI cloud business for purpose-driven companies

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Salesforce is getting into the generative AI business to help philanthropic organizations like nonprofits, the company announced on Monday.

Salesforce said the new AI product will also prevent large language models from retaining sensitive customer data to prevent AI businesses from going too far while leveraging customer data.Meanwhile, data compiled by Salesforce showed nonprofits recognize the importance of innovation, but lack the resources to fully understand, adopt and invest in emerging technologies like generative AI.

The Salesforce logo is seen at its headquarters on December 1, 2020 in San Francisco, California. The cloud-based enterprise software company announced on Tuesday that it will purchase the popular workplace-chat app Slack for $27.7 billion. Salesforce CEO Becky Ferguson said the AI accelerator "brings the full power of Salesforce with unrestricted grants, pro-bono expertise, and our technology to create a more equitable AI world."

Salesforce said the Accelerator will offer flexible funding, pro-bono expertise and technology to purpose-driven organizations, empowering them to accelerate generative AI-based solutions to the world’s most pressing challenges.

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