Genesys Announces $1.5 Billion in New Investment Commitments from Salesforce (CRM) and ServiceNow (NOW)

Salesforce, Inc. (NYSE:CRM) is one of the top most profitable NYSE stocks to buy now. On July 31, Genesys announced $1.5 billion in new investment commitments from Salesforce, Inc. (NYSE:CRM) and ServiceNow, Inc. (NYSE:NOW). According to the announcement, both companies agreed to invest an “equal amount.”

Why Dividend Investors Should Watch Salesforce’s (CRM) Innovation Edge

A customer service team in an office setting using the company’s Customer 360 platform to communicate with customers.

Genesys is a global cloud leader in AI-Powered Experience Orchestration, and the milestone supports its position as a strategic customer experience (CX) orchestration platform. It also bolsters the global partnerships between Genesys and Salesforce, Inc. (NYSE:CRM) and ServiceNow, Inc. (NYSE:NOW).

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.

While we acknowledge the potential of CRM to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CRM and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.