Brought to you by the Remax Collection. Visit remax.com slash luxury. Each office independently owned and

operated. Here's your afternoon T&B Tech Minute for Monday, October 13th. I'm Julie Chang for the

Wall Street Journal. Salesforce says it'll invest $15 billion in San Francisco over five years to establish an AI incubator hub and expand

workforce development programs. The announcement comes as San Francisco's office market is showing signs of

recovery after years of high vacancy rates. The Wall Street Journal reported that AI companies

have leased nearly one million square feet of office

space in the first half of this year. Sales Force shares have fallen more than 25% this year.

Analysts say the company has yet to show that its AI offerings can scale beyond early deployments.

J.P. Morgan Chase says it'll invest $10 billion into companies that are vital for the country's

national security. They include defense contractors, mineral manufacturers, and AI firms. The investment

comes amid high trade tensions with countries such as China. Last week, China announced new

restrictions on exports of rare earth minerals. At the time, President Trump responded

by threatening a 100% additional tariff on Chinese goods and new export controls on critical

software products. But over the weekend, Trump softened his tone on Beijing. He said in a

truth social post that he wanted to help China not hurt it.

Shares of major U.S. semiconductor companies rose in response.

By late this afternoon, Nvidia shares were up about 2.5%.

Advanced micro devices stock was up about 0.4%.

And Intel shares were up over 2%.

And shares of Bloom Energy surged after Brookfield asset management said it would invest

up to $5 billion to deploy the fuel cell company's technology for AI data centers.

The duo say they'll design and build AI centers across the globe, including a site in Europe

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