- Joseph K
Salesforce to invest $4 billion in UK on AI innovation
Salesforce (CRM.N) will invest $4 billion in its UK business in the next five years, the U.S. software company said on Thursday, thanks to strong demand for digital transformations and artificial intelligence.
The company said the plan builds on a previous five-year injection of $2.5 billion it set out in 2018.
The new investment will be seen as a boost to the country's tech industry coming weeks after Microsoft's president Brad Smith criticised a regulatory decision to block its takeover of Activision Blizzard, saying it had "shaken confidence" in Britain.