Microsoft has invested billions in AI and plans to reopen a nuclear power plant in Pennsylvania to power the technology. Still, Marc Benioff, CEO of enterprise competitor Salesforce, says that Microsoft’s efforts aren’t enough and that Microsoft has actually done a “tremendous disservice” to the AI industry. “When you look at how Copilot has been … Read more
For $2 a conversation, a new AI agent from Salesforce can answer questions from customers and schedule meetings — without a human being needed for oversight. The AI agent technology, which Salesforce announced earlier this week at its annual Dreamforce event, has the potential to disrupt jobs currently held by human workers. Nearly three million … Read more
Tangible assets like real estate have been among the top investment choices for the wealthy, given their intrinsic global demand, limited supply, passive income, and non-correlation to stock markets. While investing in real estate isn’t a feasible option for most due to the high capital entry barrier, the industry has rapidly transformed in recent years … Read more
Microsoft faces a hefty antitrust fine after the European Commission on Tuesday accused it of illegally linking its chat and video app Teams with its Office product, giving it an unfair advantage over rivals such as Slack. Two decades after Microsoft’s last EU fine, the EU competition watchdog’s latest action was triggered by a 2020 … Read more
Earth Day 2024 is celebrated annually on April 22. (Image: Shutterstock) Earth Day is a global reminder of our responsibility to the planet. Businesses are leading the charge, implementing innovative sustainability practices. Here’s a look at the inspiring initiatives from WeWork India, Salesforce, and Dell Technologies. Every year on April 22, Earth Day serves as … Read more
Microsoft Corp-backed OpenAI is in early discussions to raise a fresh round of funding at a valuation at or above US$100 billion, people with knowledge of the matter said, a deal that would cement the creator of ChatGPT as one of the world’s most valuable start-ups. Investors potentially involved in the fundraising round have been … Read more
A San Francisco tech billionaire known for giving substantial donations to a Bay Area children’s hospital and local schools is now assisting Hawaii in its housing crisis. Marc Benioff, CEO of Salesforce, and his wife Lynne, a well-known philanthropist, recently announced a donation of 282 acres to the nonprofit Hawaii Island Community Development Corporation (HICDC). The … Read more
