Reported 16 days ago
Salesforce CEO Marc Benioff has expressed concerns over the 'excessive' AI spending by major tech companies, suggesting it leads to a 'race to the bottom'. He believes that instead of following suit, Salesforce will leverage the spending gap with its competitors to enhance product quality and affordability. Benioff highlighted that Salesforce adopts a more efficient approach to its AI investments, minimizing reliance on proprietary infrastructure and benefiting from partnerships with companies like Amazon and Google.
Source: YAHOO