Salesforce CEO Downplays SaaS Apocalypse Fears

Salesforce CEO Marc Benioff told investors on the company's Q4 earnings call Wednesday that fears of a 'SaaSpocalypse' are overblown, saying AI agents have made SaaS stronger. He highlighted strong demand for Salesforce's Agentforce platform and noted that Anthropic runs its operations on Salesforce and Slack. The comments lifted Salesforce shares about 2% early Thursday, reassuring investors.