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Salesforce to buy AI agent platform Fin for about $3.6 billion
The deal adds Fin’s multi-channel AI agent and Apex model as Salesforce faces rising competition in agentic artificial intelligence.
On Monday, Salesforce acquired autonomous AI agent platform Fin for about $3.6 billion, with the deal expected to close in the fourth quarter of fiscal 2027 to complement its flagship Agentforce platform.
Like many software-as-service companies, Salesforce is grappling with concerns that new AI tools will render its business model obsolete as agentic AI heightens competition and forces investment in autonomous technology.
Powered by the proprietary Apex model, Fin's AI agent resolves queries across chat, email, and Slack. CEO Eoghan McCabe wrote, 'Over the past few years we've been shipping intensely' regarding acceleration.
Salesforce CEO Marc Benioff stated, 'Together, we'll help companies of every size seize this opportunity accelerating time to value with trusted agents that deliver measurable outcomes at scale,' echoing the company's more than $27 billion Slack acquisition.
The company's shares have shed more than a third of their value in 2026, reflecting urgency to secure autonomous technology as agentic AI competition intensifies across the enterprise software market.