Salesforce on Monday doubled its venture capital fund for generative AI startups to $500 million and unveiled the AI Cloud service that hopes to attract enterprises by offering the company's AI-powered products under one umbrella.
AI Cloud will include Salesforce's products from the Einstein service to workplace-messaging app Slack and data analysis software Tableau. Its starter pack will be available for $360,000 annually, the company said.
Elevate Your Tech Prowess with High-Value Skill Courses
Offering College | Course | Website |
---|---|---|
Indian School of Business | ISB Digital Transformation | Visit |
Northwestern University | Kellogg Post Graduate Certificate in Product Management | Visit |
IIM Kozhikode | IIMK Senior Management Programme | Visit |
The move underscores the race among technology companies to incorporate their tools with generative AI, which can create new text, imagery and other content based on inputs from past data.
"AI is reshaping our world and transforming business in ways we never imagined, and every company needs to become AI-first," said Marc Benioff, CEO of Salesforce.
Along with the company's own offerings, AI Cloud will host the large-language models (LLMs) - the core software of artificial intelligence systems - from providers such as Amazon Web Services, Anthropic and Cohere.
Salesforce said it plans to ensure data privacy for businesses using such offerings by helping prevent the LLMs from retaining sensitive customer information.
Discover the stories of your interest
In March, the company launched the Einstein GPT service and said it is working with ChatGPT creator OpenAI to add the chatbot sensation to its collaboration software Slack.
Stay on top of technology and startup news that matters. Subscribe to our daily newsletter for the latest and must-read tech news, delivered straight to your inbox.
Author: Richard Calderon
Last Updated: 1703669281
Views: 1131
Rating: 3.6 / 5 (52 voted)
Reviews: 84% of readers found this page helpful
Name: Richard Calderon
Birthday: 1998-06-01
Address: 4385 Abigail Lights, Port Matthewborough, ID 62550
Phone: +3849327054368065
Job: Biologist
Hobby: Stamp Collecting, Embroidery, Stargazing, Photography, Playing Guitar, Table Tennis, Coffee Roasting
Introduction: My name is Richard Calderon, I am a irreplaceable, honest, enterprising, unreserved, rich, resolved, tenacious person who loves writing and wants to share my knowledge and understanding with you.