Salesforce revs its VC engine in the AI race

Salesforce's offer to lead Hugging Face's Series D round didn't come with the highest valuation, Axios has learned, but the software giant managed to edge out several high-profile investors to seal the deal.

Why it matters: The current artificial intelligence boom has led to competition among venture capitalists, startups and tech giants racing to stay ahead in what many view as "the next technological shift."

https://www.axios.com/2023/09/02/salesforce-artificial-intelligence-vc