Salesforce News.

Frontier, a coalition including Google, Anthropic, and Salesforce, announced a $915 million Growth AMC for carbon removal, bringing total investments to $1.8 billion. The initiative aims to solve insufficient demand by committing to buy future carbon removal, giving startups predictable revenue to secure funding for larger commercial projects.

Salesforce disabled the Klue Battlecards app integration after detecting unusual activity that led to unauthorized customer data access. An extortion group called Icarus compromised Klue's integration infrastructure using a legacy credential, stealing OAuth tokens to access Salesforce-connected customer environments including Huntress.

A tutorial implements an end-to-end workflow for Salesforce CodeGen, loading a model from Hugging Face to generate Python functions from natural-language prompts. The workflow adds function extraction, syntax checking, static safety checks, unit-test validation, best-of-N candidate reranking, and artifact export. CodeGen serves as part of a structured pipeline that evaluates and filters generated solutions.

Salesforce data thefts continue through a compromise of the Klue app. Attackers are exploiting the connected application to access Salesforce customer data. The ongoing breaches highlight risks from third-party app integrations on the Salesforce platform.

Salesforce signed a definitive agreement to acquire customer agent company Fin, formerly Intercom, for approximately $3.6 billion. The deal brings Fin's platform to companies of all sizes, expanding autonomous agent deployment across enterprise customer service operations. Analysts at Jefferies, Canaccord Genuity, and Truist reiterated Buy ratings on Salesforce following the announcement.

Klue suffered an OAuth breach that allowed the Icarus threat group to steal Salesforce CRM data from multiple organizations in an extortion campaign. Attackers used OAuth tokens from Klue's Battlecards integration to query Salesforce's REST API for nearly 24 hours. Salesforce disabled the Klue Battlecards app while the breach is investigated.

Salesforce is transitioning from a legacy CRM provider to a digital labor platform through Agentforce, an AI-enabled workflow enterprise integrated with Slack. The consumption-based model and Slack's role as the enterprise AI interface are driving rapid adoption and revenue growth. A buy rating with a $303.81 price target by 2027 reflects the market's undervaluation of Agentforce's long-term revenue capability.

Salesforce launched Agentic Advisor, an AI tool built into Agentforce for Financial Services that automates administrative tasks like meeting prep, real-time guidance, and records updates. The first feature, Meeting Concierge, rolls out this month. Additional capabilities including Run My Day will arrive later this year.

Salesforce runs an internal dashboard tracking each team's AI tool usage, including ChatGPT, and awards digital badges like "Champion," "Innovator," and "Legend" based on completed training courses. Only about a third of employees have finished the lowest-level course. Use of Salesforce's own Agentforce AI product has dropped as much as 65 percent on some teams.

Salesforce is backing the UK with a $6 billion investment through 2030. At its World Tour London event, the company unveiled Headless 360, a platform giving users access to Salesforce data from any app or terminal. President Zahra Bahrololoumi called the moment pivotal for agentic AI across all industries.

Salesforce completed 13 acquisitions in 12 months including Slack and Informatica to accelerate AI integration and workflow growth. The moves support FY2030 guidance and boost ARR with strong free cash flow and multi-year backlog. The stock trades at 11.73x P/E and 0.90x PEG with upside to $459, though short interest and SaaS sentiment pose risks.

Frontier has committed $915 million to carbon-removal credits. Anthropic joined the Frontier carbon removal coalition, expanding the group's participation in scaling carbon removal technologies and offsetting atmospheric carbon.

Salesforce stock fell about 40% year to date and set a fresh 52-week low, despite reporting strong fiscal first-quarter results. Revenue rose 13% year over year to $11.1 billion, though organic growth was in the high single digits. The sell-off is driven by fears that AI agents will erode per-seat subscriptions.

OpenAI and Anthropic have hired employees from Salesforce. The moves bring experienced talent from the enterprise software company to the AI firms. Both organizations continue to expand their teams with industry veterans.

Salesforce is rated Sell as AI-driven cost increases outpace revenue growth, compressing margins. Token usage for Agentforce grows non-linearly versus billable work, threatening profitability. Despite a low 11.7x forward P/E, core business slowdown and buyback-driven EPS create a value trap.

Salesforce's stock closed at its longest losing streak on record. The decline follows anxiety sparked by the company's newest AI acquisition. Investors are reacting to the strategic shift and its potential financial implications for the enterprise software giant.

Salesforce's AI-related revenue, including Agentforce and Data 360, reached $3.4 billion in annual recurring revenue last quarter, up over 200% year over year. Agentforce alone passed a $1 billion annualized run rate. The Informatica acquisition contributed $1.1 billion, making organic growth near 100%.

Salesforce plans to sell AI agents to companies that may never use its software, charging per task instead of per employee. The strategy aims to transform the company's revenue model for the next decade. Investors remain skeptical, with stock down over 8% in five days and roughly 33% in 2026.

Cantor Fitzgerald analyst Matthew VanVliet reaffirmed a Buy rating on Salesforce stock with a $250 target price, implying 52% upside. Three other analysts raised price targets in early June. Salesforce also announced a $2 billion investment in France through 2030, including a new AI Innovation Hub in Paris.

Salesforce acquired Fin, formerly Intercom, for $3.6 billion to boost its AI customer service tools. Fin's agents resolve 76% of customer queries autonomously. Salesforce will integrate Fin's proprietary Apex model into its Agentforce platform, which currently generates $1.2 billion in annual recurring revenue.

Roku divested its advertising business, shifting focus away from ad-supported streaming. Salesforce is actively pursuing acquisitions to expand its platform capabilities. Both moves signal strategic repositioning in their respective markets.

Salesforce reported 13% year-over-year revenue growth to $11.1 billion, aided by the Informatica acquisition, and expanded GAAP operating margin by 130 basis points. Management expects accelerated growth in the second half, driven by Agentforce adoption and AI integration. The company trades at roughly 12 times earnings.

Salesforce acquired customer service automation startup Fin for $3.6 billion to enhance its Agentforce AI suite. Fin, founded in 2011 as Intercom, raised over $200 million and resolves over 2 million support incidents weekly for 12,000 customers including Anthropic and Autodesk.

Salesforce acquired Fin for $3.6bn to enhance its AI agent services for customer service. Fin's AI agent resolves complex queries across live chat, email, WhatsApp, SMS, phone, and Slack using its proprietary Apex AI model. The system handles over two million conversations weekly with a 76% average resolution rate achieved autonomously.

Salesforce signed a definitive agreement to acquire Fin. The company announced the deal publicly. Fin is a company being purchased by Salesforce. The acquisition is part of Salesforce's corporate strategy.

Salesforce faces a downgrade to hold due to persistent pricing pressure and uncertainty around shifting from per-seat to consumption-based models. AI ARR growth to $1.2 billion remains small relative to total revenue and insufficient to offset disruption concerns. A re-rating appears unlikely without clearer pricing execution and improved cash flow outlook.