Salesforce to invest $15 billion in San Francisco as AI race heats up

Salesforce (CRM.N), opens new tab said on Monday it would invest $15 billion in San Francisco over the next five years to accelerate AI adoption, as the cloud software provider looks to sharpen its competitive edge against tech giants.

Founded in San Francisco in 1999 and still headquartered there, Salesforce has been integrating AI into its products, including workplace messaging platform Slack, as it jostles with companies such as ServiceNow (NOW.N), opens new tab, Oracle (ORCL.N), opens new tab and Microsoft (MSFT.O), opens new tab to win businesses eager to adopt the booming technology.

https://www.reuters.com/business/salesforce-invest-15-billion-san-francisco-over-five-years-2025-10-13/