PYMNTS-MonitorEdge-May-2024

Salesforce

Report: Salesforce to Lay Off 700 Employees, Redirect Spending
Report: Salesforce to Lay Off 700 Employees, Redirect Spending
January 26, 2024  |  Personnel

Salesforce is reportedly laying off 700 employees, or about 1% of its workforce. The cuts are being made across the company, The Wall Street Journal...

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Walmart Aims to Be an AI Concierge as Amazon Expands Buy With Prime
Walmart Aims to Be an AI Concierge as Amazon Expands Buy With Prime
January 12, 2024  |  Retail

From Walmart looking to be a personal shopping concierge to Amazon expanding its Buy with Prime to more platforms and leveraging tech to help consumers...

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Amazon Integrates Buy With Prime With Salesforce Commerce Cloud
Amazon Integrates Buy With Prime With Salesforce Commerce Cloud
January 10, 2024  |  eCommerce

Amazon says it is integrating its Buy With Prime tool with the Salesforce Commerce Cloud. The solution, announced in a news release Wednesday (Jan. 10), lets Salesforce merchants...

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FinTech IPO Index Soars 55% in 2023 as Platforms Notch Triple-Digit Gains 
FinTech IPO Index Soars 55% in 2023 as Platforms Notch Triple-Digit Gains 
January 05, 2024  |  Fintech Investments

By any stretch of the imagination, the 55.7% rally in the FinTech IPO Index last year was nothing to sneeze at. And the December surge,...

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Companies Build In-House AI Models for Specific Tasks
Companies Build In-House AI Models for Specific Tasks
December 26, 2023  |  artificial intelligence

Despite OpenAI’s popularity, businesses are reportedly turning to smaller artificial intelligence (AI) models that fit their needs. A report Tuesday (Dec. 26) by Quartz examines this...

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Salesforce Expands Partnership With Cloud Banking Firm nCino
Salesforce Expands Partnership With Cloud Banking Firm nCino
December 21, 2023  |  Partnerships

Cloud banking firm nCino has expanded its 12-year-old collaboration with Salesforce. “Our strategic partnership with Salesforce has enabled nCino to transform the financial services industry by providing industry-specific solutions that...

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Salesforce Acquires Spiff to Improve Compensation Planning
Salesforce Acquires Spiff to Improve Compensation Planning
December 19, 2023  |  Acquisitions

Salesforce is set to acquire incentive compensation management software Spiff. The deal, announced Tuesday (Dec. 19), will make Spiff part of Salesforce’s Sales Cloud to...

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Amazon and Salesforce Expand Partnership to Add New AI Capabilities
Amazon and Salesforce Expand Partnership to Add New AI Capabilities
November 27, 2023  |  Partnerships

Salesforce and Amazon Web Services (AWS) have announced a “significant” AI-focused expansion of their partnership. The new agreement, announced Monday (Nov. 27), makes it easier for customers to manage...

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Tech Giants Seek to Hire OpenAI Employees
Tech Giants Seek to Hire OpenAI Employees
November 21, 2023  |  Artificial Intelligence

Amid the turmoil at OpenAI, several other tech giants have made attempts to hire away the artificial intelligence (AI) firm’s employees. Microsoft, Salesforce, NVIDIA and...

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