From CNBC: 2024-06-06 03:00:36

Salesforce is opening an AI center in London to foster collaboration among tech firms, AI experts, partners, and customers. The 40,000-square-foot facility will support the creation of 500,000 AI-related jobs in the UK. The center represents part of Salesforce’s $4 billion investment in the country, including investments in UK startups.

The AI center in London is part of Salesforce’s $4 billion investment in the U.K. The software giant also revealed investments in UK startups through its venture capital arm. Despite concerns about AI investments, Salesforce reported weaker-than-expected first-quarter revenue. The company’s revenue was $9.13 billion, below analyst expectations, leading to a lower guidance for the next quarter.

Read more: Salesforce to open new AI center in London in UK investment drive