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Salesforce buys Fin for $3.6B
Salesforce announced its acquisition of the "Fenn" platform, which specializes in autonomous AI systems, for approximately $3.6 billion. The goal is to enhance its capabilities in automation and artificial intelligence. This acquisition is part of the company's strategy to accelerate its shift towards AI, especially after "Einstein GPT" platform revenues rose to $1.2 billion in the first quarter. Additionally, Salesforce previously acquired the "Informatica" platform for $8 billion to strengthen data management. The deal will enable broader deployment of AI agents, including in small and medium-sized enterprises, and is expected to be completed in the final quarter of the current fiscal year.
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