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NEW DELHI: The International Space Station welcomed its first Indian

Certain essential oils are mini powerhouses for boosting hair growth,

Banks in many states will remain closed for three consecutive

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NEW DELHI: The International Space Station welcomed its first Indian aboard with Shubhanshu Shukla floating out among hugs and cheers.The recently launched spacecraft, Grace, the fifth in the Dragon series,

Certain essential oils are mini powerhouses for boosting hair growth, improving circulation, and fighting scalp issues: Peppermint oil stimulates blood flow with a minty tingle. Rosemary oil is clinically shown

Indian companies appear to be turning inward to fund their growth, reporting a slowdown in debt accumulation over the past five years, a new report by the Bank of Baroda

Banks in many states will remain closed for three consecutive days starting Friday, 27 June 2025 due to the festival of Rath Yatra followed by a weekend. In Odisha and

The National Stock Exchange (NSE) is set to launch electricity futures contracts within the next two to three weeks, offering power sector participants a tool to hedge against price volatility.

US stocks opened in green on Thursday, drifting toward the brink of another record. The S&P 500 reached 6,115.94, edging up 23.78 points or 0.39%, reaching closer to its record

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Indian companies appear to be turning inward to fund their growth, reporting a slowdown in debt accumulation over the past five years, a new report by the Bank of Baroda

US stocks opened in green on Thursday, drifting toward the brink of another record. The S&P 500 reached 6,115.94, edging up 23.78 points or 0.39%, reaching closer to its record

The US economy shrank by 0.5% on an annual basis in the first quarter of 2025, as President Donald Trump’s trade war prompted a rush of imports, disrupting businesses, the

The government has dismissed recent media reports suggesting that two-wheelers could soon be brought under the toll tax net. The National Highways Authority of India (NHAI) addressed the claims, clarifying

Indonesia is drafting a new regulation to tackle its “shadow economy,” making changes to how sellers and platforms operate across the booming online shopping sector.The rule would require e-commerce platforms

Nestle India approves 1:1 bonus shares issue NEW DELHI: Nestle India’s board on Thursday approved the issuance of bonus equity shares in a 1:1 ratio. The company, in a regulatory

AI is doing 30%-50% of the work at Salesforce, CEO Marc Benioff says

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Marc Benioff, Chairman & CEO of Salesforce, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22nd, 2025.

Gerry Miller | CNBC

Salesforce is accelerating its use of artificial intelligence in automating workloads, according to CEO Marc Benioff.

“All of us have to get our head around this idea that AI could do things, that before, we were doing, and we can move on to do higher value work,” he said in an interview with Bloomberg’s Emily Chang, noting that the technology currently accounts for about 30% to 50% of the company’s work.

Technology companies are hunting for new ways to trim costs, boost efficiencies and transform their workforce with the help of AI.

The aftershocks have already hit the tech industry, with the software giant cutting over 1,000 positions earlier this year as it restructured around AI.

Read more CNBC reporting on AI

Other technology companies have made similar moves, including cybersecurity giant CrowdStrike.

Klarna CEO Sebastian Siemiatkowski said the company has shrunk its headcount by 40% due in part to AI investment, while Amazon CEO Andy Jassy said the e-commerce giant will use AI to reduce roles.

Benioff called the rise of AI in the workforce a “digital labor revolution,” estimating that the software company has reached about 93% accuracy with the technology.

“It’s pretty good,” he said, but it’s not “realistic” to hit 100%. He added that other vendors are at “much lower levels because they don’t have as much data and metadata” to build higher accuracy.

WATCH: Salesforce CEO Marc Benioff: Data centers and chips are ‘commodities’

Salesforce CEO Marc Benioff: Data centers and chips are 'commodities'



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