Salesforce announced a $1 billion investment in Singapore over the next five years to accelerate digital transformation and promote its AI offering, Agentforce. The cloud software giant aims to enhance revenue through generative AI features, with Agentforce described as the first digital AI platform for enterprises. Salesforce CEO Marc Benioff highlighted the company’s advanced AI development in Singapore, emphasizing the presence of top AI engineers at its local research center. Agentforce is expected to help Singapore expand its labor force in key sectors amidst challenges posed by an aging population and declining birth rates. The investment aligns with Singapore’s goal to establish a vibrant hub for AI innovation. — news from CNBC
