Cloud software provider Salesforce said Monday it would invest $15 billion in San Francisco over the next five years to support artificial intelligence innovation and workforce development in the city.
The investment will support a new AI incubator hub on Salesforce's San Francisco campus and help companies adopt AI agents, which can perform tasks on behalf of the users, the company said.
"This $15 billion investment reflects our deep commitment to our hometown — advancing AI innovation, creating jobs and helping companies and our communities thrive," Chief Executive Marc Benioff said in a statement.
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