Salesforce.com Stock Popped on AI Rumors

Along with the cloud and Internet of Things, one of the hottest areas in tech revolves around artificial intelligence, or AI. One estimate suggests the AI market will grow at an annual rate of over 36% between now and the end of 2024, and become a multitrillion-dollar business. Naturally, with so much upside ahead, some of the biggest players in the sector are diving in. Now, rumor has it that salesforce.com (NYSE: CRM) is about to toss its hat into the ring as well. According to the scuttlebutt, CEO Marc Benioff will unveil an AI product called Einstein at next month’s Dreamforce gathering in San Francisco. There is substance behind the talk of Salesforce’s imminent roll-out of its AI solution, “Einstein”: Of Salesforce’s 12 acquisitions over the past two years…


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