Salesforce Inc., a leading customer relationship management software provider, has announced plans to invest $1 billion in Singapore over the next five years. This initiative reinforces the company's commitment to strengthening its position in the rapidly growing markets of Southeast Asia. The investment will focus on expanding corporate presence in the region and developing innovative technologies, including artificial intelligence (AI) platforms.
Salesforce $CRM, a leading provider of software as a service (SaaS), recently revised its financial outlook for 2026. The updated projections suggest that the company's revenue for the specified fiscal year will fall short of Wall Street expectations, primarily due to the slower adoption of its software product, Agentforce. Following these revelations, the company's shares dropped by nearly 5% in after-hours trading.