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Reporter Name | Harris Parker |
Relationship | Co-Founder and CTO, Slack |
Type | Sell |
Amount | $1,079,567 |
SEC Filing | Form 4 |
Harris Parker, Co-Founder and CTO of Slack and Director at Salesforce, sold 4,200 shares of Salesforce Common Stock on September 17, 2024, for a total sale amount of $1,079,567. The sales were conducted at weighted average prices ranging from $255.2439 to $258.9933. Following these transactions, Parker directly owns 117,581 shares and indirectly owns 1,808,478 shares of Salesforce Common Stock through various entities. The sales were executed automatically under a Rule 10b5-1 trading plan adopted on September 26, 2023.
SEC Filing: Salesforce, Inc. [ CRM ] - Form 4 - Sep. 18, 2024
Salesforce Inc shares are trading slightly higher Wednesday. The company announced a collaboration with NVIDIA Corp to advance AI agent innovation.
What Happened: Salesforce and Nvidia announced a collaboration to develop AI capabilities for the enterprise with autonomous agent and interactive avatar experiences.
The two companies plan to work together to deliver optimized predictive and generative AI workflows by combining the capabilities of Nvidia’s AI platform with the Salesforce platform and Agentforce.
“Together with NVIDIA, we’re leading the third wave of the AI revolution — moving beyond copilots to humans and intelligent agents working seamlessly to drive customer success,” said Marc Benioff, chair and CEO of Salesforce.
“This is what AI is meant to be — powered by the Salesforce Platform and Agentforce, every Trailblazer can harness AI to its fullest potential. By combining NVIDIA’s AI platform with Agentforce, we’re supercharging AI performance and creating dynamic digital avatars, delivering more engaging, intelligent, and immersive customer experiences than ever before.”
Don’t Miss: Google Wins $1.7B EU Antitrust Fine Appeal Over 5-Year-Old Online Search Advertising Case
As a result of the collaboration, organizations will gain access to next-generation AI, Salesforce customers will see accelerated value from AI investments and businesses will be able to improve productivity and effectiveness of interactions across industries.
Use cases for AI agents include crisis management, real-time weather impact for travel and logistics and real-time customer support resolutions. Use cases for AI-powered avatars include real-time sales coaching feedback, live event management and employee training assistance.
“In the future, every company, every job will be enhanced by a wide range of AI agents – assistants that will transform how we work,” said Jensen Huang, CEO of Nvidia.
CRM Price Action: Salesforce shares were up 0.83% at $257.30 at the time of publication, according to Benzinga Pro.
Photo: courtesy of Salesforce.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Technology stocks were flat to higher premarket Wednesday as the SPDR S&P Semiconductor ETF was inactive and the Technology Select Sector SPDR Fund was up 0.4% recently.
PowerFleet shares advanced by over 5% after the company said it has agreed to acquire Fleet Complete, a vehicle technology and fleet management firm, in a deal valued at $200 million.
Salesforce shares were up more than 1% after the company and Nvidia said they are developing advanced AI capabilities for enterprises, focusing on autonomous agents and interactive avatars.
Clarivate shares were 1% higher after the company said it has launched its Primo Research Assistant, a generative AI-powered academic research tool.
Sept 18 (Reuters) - Salesforce Inc CRM.N:
INVESTS OVER $50 MILLION IN AI TRAINING, TO OFFER FREE AI COURSES & CERTIFICATIONS THROUGH 2025
TO OPEN POP-UP AI CENTER AT ITS SAN FRANCISCO HEADQUARTERS
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