4. Salesforce, Inc. (NYSE:CRM)
Number of Hedge Fund Holders: 101
Salesforce, Inc. (NYSE:CRM) is one of the best AI software stocks to buy according to hedge funds. Salesforce, Inc. (NYSE:CRM) announced on June 16 an expanded partnership with Databricks, which is a data and AI company, to help organizations securely connect enterprise data with customer relationships, approvals, permissions, and workflows essential to drive trusted outcomes. It further stated that the expanded partnership would aid organizations in connecting enterprise data with the business context required for humans and AI agents to make decisions and execute with confidence.
In a separate development, Salesforce, Inc. (NYSE:CRM) announced on June 3 the signing of a definitive agreement to acquire Contentful, which is a leading composable content platform that delivers personalized digital experiences at scale. Management stated that the acquisition would bolster the company’s Headless 360 with a native, enterprise-grade content layer connecting customer data with engaging content experiences across Salesforce, Inc.’s (NYSE:CRM) leading applications. It added that by leveraging Data 360, Agentforce, and Contentful’s composable APIs, global enterprises can be capable of seamlessly deliver personalized, AI-assembled experiences at scale across every channel.
Salesforce, Inc. (NYSE:CRM) designs and develops cloud-based enterprise software for customer relationship management. Its solutions encompass customer service and support, sales force automation, digital commerce, marketing automation, collaboration, community management, industry-specific solutions, and Salesforce platforms. It also offers training, guidance, support, and advisory services.
