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US Treasury Urges Banks to Improve Cyber Scam Reporting After Nearly $13 Billion in Losses Since 2023Delos Data raises over $100M, unveils AI inference networking chipAl Gore Says AI Data Center Backlash Is Driven More by Automation Fears Than EmissionsAnthropic Folds Claude Cowork Into Claude's Chat InterfaceSnap launches Specs Intelligence AI assistant, opens preorders for $2,195 Specs AR glassesSalesforce forecasts fiscal 2030 revenue above $63 billion, topping estimates
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Salesforce forecasts fiscal 2030 revenue above $63 billion, topping estimates

Salesforce told Dreamforce investors it expects fiscal 2030 revenue to exceed $63 billion, above the $59.2 billion LSEG consensus, as it promotes AI products and partnerships after a volatile year.

AI News Feed · 2026-09-17 09:25

The guidance comes at a pivotal moment for Salesforce, which has had a rocky year amid concerns that artificial intelligence could hurt its business but has rebounded recently. "There's certain moments in our industry where everything is changing, and this is that moment for enterprise," co-founder and CEO Marc Benioff said at the event.

The SaaSpocalypse narrative, which began gaining traction in 2025, punished Salesforce and other software companies as frontier AI models became more powerful. In its latest earnings report last month, Salesforce quieted skeptics by reporting better-than-expected results and issuing an uplifting forecast.

Profit was boosted by a $2.6 billion gain on strategic investments after the company bet on Anthropic. The stock jumped almost 23%, its best performance since 2020. Salesforce also announced Claudeforce, which allows organizations to work with Salesforce data in Anthropic's Claude. Days earlier, Benioff highlighted two executives returning to Salesforce after stints at OpenAI.

This week Benioff opened Dreamforce by bringing onstage OpenAI's Sam Altman, Anthropic's Dario Amodei and Nvidia's Jensen Huang. Salesforce executives promoted a new AI reasoning model called Koa based on a model from Nvidia, and showed custom dashboards containing Salesforce data accessible in Claude.

Up to 1,000 clients have signed up for the beta version with Claude, Patrick Stokes, Salesforce's president of applications and marketing, told investors and analysts on Wednesday. In the past three months, Slack, the team communications app Salesforce acquired for $27.1 billion in 2021, has emerged as a hub for communicating with AI agents, said Alexa Vignone, the company's president and chief revenue officer.

"I'm not going to use the word 'SaaSpocalypse' anymore," Salesforce operating chief Miguel Milano said at the event. "I hope you don't either, and the market will come to its senses, little by little."

As the stock fell this year, Salesforce took advantage. It has now bought back a cumulative $60 billion in its own shares, said Robin Washington, Salesforce's chief operating and financial officer.

"Somebody asked me that I'm supposed to say thank you to all the people who sold us the stock at $150," Benioff said. "I don't know what that means exactly, but thank you to those people." On Wednesday the shares closed above $250.

Salesforce spent hundreds of millions of dollars on Anthropic stock, which will likely be worth tens of billions, Benioff told the gathering. "We'll end up probably selling it, paying off our ASR debt," he said, referring to Salesforce's buybacks. "So it'll be a good trade for us."