Salesforce CEO says Dreamforce is keeping in San Francisco right after reaching deal with mayor

Salesforce CEO says Dreamforce is keeping in San Francisco right after reaching deal with mayor


Marc Benioff, chief executive officer of Salesforce.com Inc., speaks throughout a keynote at the 2023 Dreamforce conference in San Francisco, California, US, on Tuesday, Sept. 12, 2023. Benioff mentioned new product capabilities, such as all those driven by synthetic intelligence, will be shown at the firm’s yearly conference in September.

Marlena Sloss | Bloomberg | Getty Images

Salesforce introduced in a Tuesday social-media submit that the business software maker’s Dreamforce meeting for customers and companions will continue being in San Francisco for a single far more yr.

The statement comes months following Marc Benioff, the firm’s co-founder and CEO, explained to the San Francisco Chronicle explained the Dreamforce occasion that was prepared for 2023 may well be the past one particular in the metropolis. Some other engineering organizations, these as Google and Oracle, have picked to shift their activities in other places as media shops have performed up homelessness, drug use and theft in components of the town.

Salesforce did wind up holding Dreamforce in advance of a crowd of about 40,000 this yr, and Benioff pointed to thoroughly clean sidewalks and attendees sensation safe. Police officers and some others had reportedly pushed unhoused persons to migrate elsewhere. The group was much smaller sized than it was in 2019, when 171,000 persons participated.

Ths year’s meeting, showcasing OpenAI CEO Sam Altman and other guests, was slated to deliver over $89 million in financial activity. Now the metropolis can boast about it sticking about for at least 1 a lot more 12 months. It will occur on Sept. 17 by means of Sept. 19.

“We signed an intensive arrangement with the metropolis that outlined the essential pieces we realized we necessary!” Benioff advised CNBC in a textual content concept.

London Breed, San Francisco’s mayor, thanked Benioff in a post on X, formerly regarded as Twitter, that involved a photograph of the two, clad in Golden Condition Warriors basketball clothing.

In an X publish of his individual, Benioff claimed is “now the AI capital of the planet.” It’s dwelling to OpenAI and other noteworthy synthetic-intelligence startups, this kind of as Adept AI and Anthropic. Salesforce employed this year’s Dreamforce conference to display off AI abilities integrating with technological know-how from Anthropic and OpenAI.





Resource

Meta, Google, OpenAI among Big Tech firms seeing top staff leaving to launch AI startups
Technology

Meta, Google, OpenAI among Big Tech firms seeing top staff leaving to launch AI startups

Top researchers are jumping ship from Big Tech firms like Meta and Google to launch startups and raise huge funding rounds in the process, as investors bet big on the commercial potential of early-stage AI labs. Amid colossal spending on AI, many of these new startups are raising hundreds of millions within months of being […]

Read More
Cramer calls blistering rally in chip stocks ‘worrisome.’ How he’s protecting his portfolio
Technology

Cramer calls blistering rally in chip stocks ‘worrisome.’ How he’s protecting his portfolio

CNBC’s Jim Cramer said the blistering rally in semiconductor and AI-related stocks may be sending a warning signal about the broader market. “Lately, we’ve been seeing parabolic moves all over the market” said the “Mad Money” host. “Those are worrisome.” His caution comes after a historic run in the Philadelphia Semiconductor Index, often called the […]

Read More
Jim Cramer says this could be the biggest threat to the market’s rally
Technology

Jim Cramer says this could be the biggest threat to the market’s rally

CNBC’s Jim Cramer said one of the biggest overlooked risks to the market is a coming wave of massive initial public offerings that could drain liquidity from stocks. “A bull [market] can also be killed by excess supply — too many big IPOs and it collapses under its own weight,” said the “Mad Money” host […]

Read More