IBM, Salesforce Agree to Partner on Artificial Intelligence

International Business Machines Corp. and Salesforce.com Inc. agreed to mingle their artificial-intelligence technologies in a bid to boost sales of data-analytics offerings. The companies Monday announced plans to offer integrated AI services that weave the broad human-like conversation and learning capabilities of IBM’s Watson with Salesforce’s more sales-oriented Einstein technology.

IBM, Salesforce Announce AI Partnership

Salesforce and IBM have agreed to a partnership allowing both companies easier use of access to the other’s software. IBM and Salesforce have agreed to a partnership which gives Salesforce customers easier access to data from IBM’s Watson artificial intelligence program.

Salesforce Revenue Forecast Falls Short as Cloud Rivals Gain

Salesforce.com Inc. gave a first-quarter revenue forecast that fell short of analysts’ projections, hampered by rising competition from rival business-software makers with their own cloud products. Revenue in the period ending in April will be $2.34 billion to $2.35 billion, the San Francisco-based company said Tuesday in a statement.

Why Salesforce.com Stock Fell 12% in 2016

The stock had slumped by as much as a third early in the year — and was up by almost double digits after a strong second-quarter report. Yet it ended 2016 significantly trailing both rival Oracle By all accounts, the company had a strong operating year.

Salesforce.com CEO Marc Benioff : ‘Expect Us to Look at Anything That’s Exciting’

Salesforce.com hopes to double its annual revenue, despite already being the fastest growing enterprise software company of all time. Cloud computing company Salesforce.com spent about $5 billion on acquisitions in the past year and it will continue to look at any “exciting” opportunities out there, CEO Marc Benioff said on CNBC’s “Squawk Box” on Tuesday morning.