Salesforce Updates AI Service Products for California Customer Handoff Compliance
Salesforce is integrating human-handoff capabilities into its AI service products to comply with California's upcoming AB 1609 "Right to Human Customer Service Act."
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Salesforce Investments Enters Agreement with Solomei AI
Salesforce's venture arm, Salesforce Investments, has entered into a new agreement with Solomei AI, with legal counsel provided by Orrick and Bird & Bird.
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Is Anthropic a SaaS Stock? Here's How It Stacks Up With the Other Top Software Players
Anthropic released its S-1 filing targeting a $2 trillion valuation ahead of its IPO. While not officially calling itself a SaaS company, Anthropic operates like one with subscription-based products and uses SaaS metrics. At a P/S ratio of 30, it appears attractively valued compared to peers, though it carries unique risks from massive cloud spending commitments. The company's rapid 50% sequential revenue growth and profitability on an adjusted basis support the valuation.