June 12 (Reuters) – Salesforce (CRM.N) on Monday doubled venture capital funding for generative AI startups to $500 million, attracting companies by offering its AI-powered products under one umbrella announced an AI cloud service that aims to
AI Cloud includes Salesforce products, from Einstein services to workplace messaging app Slack to data analytics software Tableau. The company says the starter pack will cost $360,000 per year.
The move highlights a race among technology companies to embed generative AI into their tools, which can create new text, images, and other content based on input from historical data.
“AI is reshaping our world and transforming business in ways we never imagined, making every company AI-first,” said Marc Benioff, CEO of Salesforce. I need to be,” he said.
In addition to the company’s products, AI Cloud hosts Large Language Models (LLMs) (core software for artificial intelligence systems) from providers such as Amazon Web Services, Anthropic, and Cohere.
Salesforce said it plans to ensure data privacy for companies that use these services by helping LLMs not hold sensitive customer information.
The company launched its Einstein GPT service in March, announcing that it would be working with OpenAI, the creators of ChatGPT, to add a chatbot feel to its collaboration software Slack.
Reported by Tiyashi Datta of Bangalore.Editing: Shailesh Kuber
Our standards: Thomson Reuters Trust Principles.
