Salesforce to invest $ 1 billion in Singapore for 5 years in Ai Push

Salesforce On Wednesday, he announced plans to invest $ 1 billion in Singapore in the next five years.

The cloud software giant said the investment is designed to accelerate the country’s digital transformation and the adoption of the Salesforce badge offer.

Salesforce is among the many technology companies that expect to increase income with generative characteristics of AI.

The company launched The most recent version of Agentforce last month. Previously the system has described, which says that you can address sophisticated questions in the Slack Communications application of Salesforce, depending on all the available data, such as the first digital AI platform for companies.

The CEO of Salesforce, Marc Benioff, is scheduled to speak in CNBC Converge Live around 9:25 am

“We are in a new incredible era of digital labor where each business will be transformed by autonomous agents that increase the work of humans, revolutionizing productivity and allowing each company to scalar without limits,” Benioff said in a statement.

“Singapore is at the forefront of this change, and as the largest digital labor supplier in the world through our agentforce platform,” he added.

Salesforce said Agentforce can help Singapore “expand” his workforce in various service roles and public sector at a time when the country is dealing with a aging population and Birth rates in decline.

Jermaine Loy, managing director of the Singapore Economic Development Board, welcomed Salesforce’s investment, saying that she will help boost the country’s efforts “to build a vibrant center for AI innovation.”

– Jordan novel from CNBC contributed to this report.