financetom
Business
financetom
/
Business
/
Salesforce Selects London for First AI Center, Reuters Reports
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Salesforce Selects London for First AI Center, Reuters Reports
Jun 6, 2024 2:22 AM

05:13 AM EDT, 06/06/2024 (MT Newswires) -- Salesforce ( CRM ) has selected London for its first artificial intelligence center, Reuters reported Thursday.

Last year, the company said it would invest $4 billion in Britain over the next five years, the report said.

While customers are excited about I benefits, they are wary of risks, CEO of Salesforce UK and Ireland Zahra Bahrololoumi said, according to Reuters.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 236.85, Change: +0.32, Percent Change: +0.14

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Marriott Vacations Worldwide Closes $450 Million Securitization of Vacation Ownership Loans
Marriott Vacations Worldwide Closes $450 Million Securitization of Vacation Ownership Loans
May 26, 2025
10:32 AM EDT, 05/06/2025 (MT Newswires) -- Marriott Vacations Worldwide ( VAC ) said Tuesday that it completed a $450 million securitization of vacation ownership loans. The company said the notes were issued by MVW 2025-1 unit and have a blended interest rate and a gross advance rate of 5.16% and 98%, respectively. The notes consist of about $277 million...
UBS Group Collaborates With General Atlantic Credit in Private Credit Investing
UBS Group Collaborates With General Atlantic Credit in Private Credit Investing
May 26, 2025
10:33 AM EDT, 05/06/2025 (MT Newswires) -- UBS Group ( UBS ) plans to expand a partnership with General Atlantic Credit to offer a broader set of private credit products and direct lending. The partnership combines UBS's advisory and investment banking origination capabilities with General Atlantic's extensive global network, sourcing reach across industries and geographies and recognized leadership as a...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Market Chatter: Microsoft Holds Out on OpenAI's Proposed Plan to Restructure For-Profit Division
Market Chatter: Microsoft Holds Out on OpenAI's Proposed Plan to Restructure For-Profit Division
May 26, 2025
10:30 AM EDT, 05/06/2025 (MT Newswires) -- Microsoft ( MSFT ) is the main investor still holding out on approving OpenAI's proposed plan to restructure its for-profit division despite ongoing negotiations, Bloomberg reported Tuesday, citing people with knowledge of the matter. Microsoft ( MSFT ), which invested $13.75 billion in OpenAI, is trying to ensure its investment remains secure during...
Copyright 2023-2026 - www.financetom.com All Rights Reserved