Salesforce (CRM) stock is in focus on Monday as investors welcome a massive new buyout designed to solidify the company’s footing in the artificial intelligence (AI) race. The enterprise software giant announced its acquisition of Fin, an AI customer services platform, in an all-cash deal valued at about $3.6 billion.
The transaction aims to accelerate Salesforce’s autonomous enterprise capabilities at a time when CRM shares have felt significant pain, shedding more than a third of their value year-to-date due to AI disruption fears.