Salesforce, a big tech company that helps businesses use computers better, had some bad news this week. Their plan to use super-smart computer programs (AI) isn't making money as quickly as they hoped. It's like building a super-cool robot that takes a long time to start earning its keep!
- Salesforce's new AI tools are still early, and aren't making much money yet.
- The company's overall growth is slowing down because of this.
- Experts think it will take a couple of years before the AI tools earn a lot of money.
- Salesforce's stock price (how much each piece of the company is worth) went down because of this news.
Fact | Number/Prediction |
---|---|
Salesforce's stock price drop | Over 3% |
AI tool (Agentforce) significant contribution | Fiscal year 2027 |
Potential market value loss | Over $9 billion |
Data Cloud annual recurring revenue growth (last year) | 120% |