Gold prices bounce off 3-week lows; demand likely longer term
Investing.com-- Salesforce (NYSE:CRM) said on Wednesday that it will invest $1 billion in Singapore over the next five years to boost the country’s artificial intelligence development and digital transformation.
The enterprise software developer also announced a tie-up with Singapore Airlines Ltd (SGX:SIAL) to provide AI-powered customer service products. SIAL plans to incorporate Salesforce’s Agentforce AI across its services.
Salesforce’s Singapore push will focus largely on the company’s flagship Agentforce AI service- under which autonomous AI agents carry out several advanced tasks.
Salesforce claimed that this service will help bolster Singapore’s workforce with digital labor. The company will also increase its research and development programs in Singapore.
Salesforce has relationships with several major Singaporean companies, including SIAL, Grab, and M1.