Netflix isn't frequently mentioned in conversations about AI stocks, but its entire streaming video ecosystem runs on complex AI algorithms. That bullish outlook suggests Salesforce will remain one of the best ways to profit from the simultaneous growth of the cloud and AI markets.
Salesforce expects its annual revenue to nearly double from $26.5 billion in fiscal 2022 (which ended this January) to over $50 billion in fiscal 2026. While speaking about Moderna's usage of Einstein with Tableau in its latest conference call, Salesforce President and Chief Revenue Officer Gavin Patterson said the combination enables the pharmaceutical company to "analyze data across all departments and use predictive analytics to make better decisions." Salesforce has also integrated Einstein into its own app store, which enabled developers to build AI-powered apps that "get smarter" with every interaction.Įinstein directly complements its data visualization platform, Tableau, which it acquired back in 2019. One of those key features is Salesforce Einstein, an AI engine that processes a company's sales, service, and marketing data to deliver "more personalized and predictive" customer experiences.
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