Salesforce reporting after the bell and although the cloud giant is backed off

those billion dollar deals it became known for investors we'll be looking to see

whether it's more recent bets are in AI and if those are paying off that's the focus of today's tech

check with dear d'Rosa. Hi D. Courtney, Mark Benningoff's

M&A spending experience you said that may have come to an end but his investments

in generative AI they are ramping up.

Over the last decade, let's go back here.

Salesforce has grown through big acquisitions.

Mulesau for six and a half billion dollars in 2018.

Tablo for nearly $16 billion just a year or later, and Slack, the one that

may have broke the Camels back, which Benyoff bought at peak tech valuations in 2021

for nearly 28 billion dollars. Now this all got the attention of activist

investors who piled into CRM and called for more of a focus on profitability.

Bennyoff responded with cost cuts, more share buy buybacks and even dismantling its

M&A committee all together. So gone now or the big flashy

all-out purchases of companies but Salesforce is still splashing out.

This I'm going to show you is a list of CRMs AI investments just this year.

There are seven names here and the latest hugging face was a more than $200 million funding round that doubled the company's valuation

and is reportedly more than 100 times Hugging Faces annualized revenue.

Salesforce led this round.

And Benny off, guys, he actually seems emboldened, despite the pressure earlier this round. And Benny off guys he actually seems in bolden despite the pressure

earlier this year overspending. A journal report that got a lot of attention at the

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