Salesforce unveils AI Cloud offering, doubles fund for AI startups to $500 million

Philippines News News

Salesforce unveils AI Cloud offering, doubles fund for AI startups to $500 million
Philippines Latest News,Philippines Headlines
  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 66%

Salesforce on Monday doubled its venture capital fund for generative AI startups to $500 million and unveiled the AI Cloud service that hopes to attract enterprises by offering the company's AI-powered products under one umbrella.AI Cloud will include Salesforce's products from the Einstein service to wor

Salesforce on Monday doubled its venture capital fund for generative AI startups to $500 million and unveiled the AI Cloud service that hopes to attract enterprises by offering the company's AI-powered products under one umbrella.

The move underscores the race among technology companies to incorporate their tools with generative AI, which can create new text, imagery and other content based on inputs from past data. Along with the company's own offerings, AI Cloud will host the large-language models - the core software of artificial intelligence systems - from providers such as Amazon Web Services, Anthropic and Cohere.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

ChannelNewsAsia /  🏆 6. in SG

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Indonesia's PalmCo plans $500 million IPO this year -sourcesIndonesia's PalmCo plans $500 million IPO this year -sourcesJAKARTA/SINGAPORE : Indonesian palm oil producer PalmCo plans an initial public offering in Jakarta in the fourth quarter which could raise about $500 million, two sources familiar with the matter said.PalmCo is a unit of state agricultural group Perkebunan Nusantara (PTPN) III and Bloomberg first reporte
Read more »

Twitter is refusing to pay its Google Cloud bills, Platformer reportsTwitter is refusing to pay its Google Cloud bills, Platformer reportsTwitter has refused to pay its Google Cloud bills as its contract comes up for renewal this month, which could result in the social media company's trust and safety teams being crippled, Platformer reported on Saturday (June 10). Before Elon Musk's takeover of the social media platform last year, Twitter signed a multi-year contract with Google related to fighting spam...
Read more »

Twitter is refusing to pay its Google Cloud bills - PlatformerTwitter is refusing to pay its Google Cloud bills - PlatformerTwitter has refused to pay its Google Cloud bills as its contract comes up for renewal this month, which could result in the social media company's trust and safety teams being crippled, Platformer reported on Saturday.Before Elon Musk's takeover of the social media platform last year, Twitter signed a mu
Read more »

Several Chinese lenders cut yuan deposit rates from MondaySeveral Chinese lenders cut yuan deposit rates from MondayBEIJING : Several Chinese commercial banks cut interest rates on a range of yuan deposits from Monday, following their larger peers in a coordinated move to ease pressure on profit margins.The deposit rate cuts follow a similar move by China's biggest state lenders on Friday and marks the second such indu
Read more »

Turf Club also home to more than 100 cats - their fate is uncertainTurf Club also home to more than 100 cats - their fate is uncertainSINGAPORE – The Singapore Turf Club (STC) in Kranji is not only home to over 700 horses – more than 100 cats also reside in its stables. And as employees and jockeys grapple with uncertainty following the announcement that the STC will be shut by March 2027 and returned to the Government for redevelopment, there is also a cloud over...
Read more »

Gamer, vet assistant or private-hire driver? With horseracing ending in S'pore, young jockeys mull over career optionsGamer, vet assistant or private-hire driver? With horseracing ending in S'pore, young jockeys mull over career optionsSINGAPORE — When Mr Muhammad Noor Jamil Mohd Sarwi heard of the Singapore Turf Club's impending closure last Monday, all the apprentice jockey could think about was how to support his family.
Read more »



Render Time: 2025-03-20 02:40:48