Salesforce Projects Lackluster Sales Growth, Fueling AI Anxiety

Salesforce projects weak sales growth, fueling AI anxiety

(Bloomberg/Brody Ford) — Salesforce Inc. projected lackluster quarterly sales growth, suggesting its artificial intelligence product isn’t yet paying off as quickly as hoped in the face of competition from emerging AI companies. Revenue will be $10.2 billion to $10.3 billion in the period ending in October, the company said Wednesday in a statement. Analysts, on average, estimated $10.3 billion. Current remaining performance obligations, a measu…

Salesforce Projects Lackluster Sales Growth, Fueling AI Anxiety

Salesforce Inc. projected lackluster quarterly sales growth, fueling Wall Street’s fears that the software giant is losing out to competition from emerging artificial intelligence companies.

Salesforce projects weak sales growth, fuelling AI anxiety

Salesforce projected lacklustre quarterly sales growth, suggesting its artificial intelligence (AI) product is not yet paying off as quickly as hoped amid competition from emerging AI companies.