Salesforce beat second-quarter revenue and profit estimates on August 26. CEO Marc Benioff used the results to challenge fears that AI would erode demand for enterprise software, pointing to the expanded partnership with Anthropic. Revenue of $11.35 billion beat estimates and shares jumped 14% after hours. Agentforce annual recurring revenue topped $1.5 billion, up more than 240% year over year, while Salesforce’s equity stake in Anthropic delivered a $2.6 billion gain, positioning AI as a growth driver rather than a threat to the SaaS model.
Source: Read the original article
