Salesforce Signs Definitive Agreement to Acquire Waii, Plans to Integrate into Data Cloud

Salesforce, Inc. (NYSE:CRM) is one of the 10 Best AI Software Stocks to Buy Now. On August 7, Salesforce, Inc. (NYSE:CRM) announced that it has signed a definitive agreement to acquire Waii.

Waii is a leading enterprise-grade natural language-to-SQL platform. The company translates plain-language questions to complex, production-ready SQL queries, assisting users in accessing and taking action on data more efficiently. Waii’s technology is designed in such a way that it solves problems by creating a dynamic metadata knowledge graph that maps an enterprise’s entire data structure.

Salesforce Signs Definitive Agreement to Acquire Waii, Plans to Integrate into Data Cloud

Pixabay/Public Domain

“The future of business isn’t about having the most data; it’s about making that data speak a common language. Our vision is to empower every employee, from the boardroom to the frontline, to have a trusted conversation with their data. At Salesforce, we know that a deep understanding of metadata is the key to this future. With Waii, we’re not just augmenting our stack; we’re acquiring the catalyst that makes this vision a reality for our customers,” said Raveendrnathan Loganathan, EVP Salesforce Data Cloud.

Salesforce plans to integrate Waii into Data Cloud. This will empower the company’s agentic workflows and AI-driven insights across the Salesforce platform, including Agentforce and Tableau Next. Salesforce expects the acquisition to close in the company’s Q3 FY2026, subject to customary closing conditions.

Salesforce, Inc. (NYSE:CRM) offers customer relationship management technology that connects companies and customers together. The company offers AI integrated solutions, such as creating industry-specific AI agents with Agentforce.

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.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

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