✉news BusinessStartups first seen 3 d ago, last 2 d ago, peak #6

Salesforce Spends $2.7 Billion on AI Startup Despite Market Selloff

Original: The Selloff Didn’t Stop Salesforce From Spending $2.7 Billion on an AI Startup

Salesforce has spent $2.7 billion to acquire an artificial intelligence startup, pushing ahead with its AI expansion even as a broader market selloff weighs on tech stocks. The deal underscores that major software companies continue to invest aggressively in AI capabilities despite volatile conditions, with commentators highlighting the contrast between falling share prices and continued big-ticket acquisitions.

Why now: The size of the acquisition during a market downturn makes it a talking point about tech companies' continued AI spending.

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• The Selloff Didn’t Stop Salesforce From Spending $2.7 Billion on an AI Startup · 24/7 Wall St.

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