Salesforce said Wednesday the $1 billion investment in Singapore is designed to accelerate the country's digital transformation and the adoption of its flagship AI offering Agentforce. The cloud software company,

Salesforce Inc. plans to invest $1 billion in Singapore over the next five years, joining other US technology companies in betting on growth in Southeast Asia.

This move is expected to rapidly expand the Republic's labour force in key service and public sector roles. Read more at straitstimes.com.

Salesforce, a cloud computing software company co-founded by billionaire Mark Benioff, plans to invest $1 billion in Singapore.

US cloud software giant Salesforce said Wednesday (Mar 12) it planned to invest US$1 billion in Singapore over the next five years to boost the use of artificial intelligence agents (AI) in the workforce.

The increasing adoption of Agentforce has the potential to drive significant impact across Singapore’s industries, startups, and the public sector.

Salesforce plans to invest US$1 billion ($1.33 billion) in Singapore over the next five years to accelerate Agentforce adoption and support the city-state’s National AI Strategy 2.0.