Salesforce’s $27B Bet on AI and Itself | Business and Finance News

Salesforce just dumped a record $27 billion on its own stock—nearly 19% of its market value—calling it a shield against the “SaaSpocalypse,” AI’s rumored threat to the SaaS world. CEO Marc Benioff is betting big on Salesforce’s future, arguing AI is an opportunity, not a crisis. The buyback boosted EPS by 50% (vs. 41% without it) and fueled confidence that the market undervalues their long-term potential. Meanwhile, their AI product Agentforce is exploding, hitting $1.2 billion in ARR with 200% growth and deep customer adoption. Despite some legacy product dips, Salesforce smashed revenue targets with $11 billion in sales and $6.6 billion in free cash flow—giving them the firepower for this bold move. Investors are now watching to see if AI momentum translates into real business wins. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/7efb4cac9db54162