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Salesforce CEO Marc Benioff Goes All-In on 'Awesome' Anthropic With $300 Million Spend, Hails Coding Agents: 'I've Never Been...'

Salesforce CEO Marc Benioff Goes All-In on 'Awesome' Anthropic With $300 Million Spend, Hails Coding Agents: 'I've Never Been...'

Benzinga 3 days ago

Salesforce Inc.(NYSE:CRM) CEO Marc Benioff disclosed plans to spend roughly $300 million on Anthropic's AI this year, primarily for coding, calling the AI startup 'a rocket ship that will not stop.'

From SaaSpocalypse To $300M Opportunity

CRM shares have fallen more than 31% amid broader SaaS sector fears that AI could render enterprise software obsolete. Anthropic's initial Claude Cowork launch in February helped spark the "SaaSpocalypse" sell-off in software stocks. That same month, the company's Claude Code Security launch rattled cybersecurity incumbents, a sign of how broadly Anthropic is moving into territory once dominated by legacy software.

Salesforce has also launched Headless 360, an API-first platform with 60+ MCP tools designed to give AI agents, including Claude Code, direct access to its enterprise stack. “I am going to probably use $300 million of Anthropic this year at Salesforce coding,” Benioff said.

The AI startup led by Dario Amodei and valued at roughly $900 billion, has been in the news on multiple fronts. NBA champion Tristan Thompson recently disclosed that he holds equity in the startup through a special purpose vehicle (SPV).

Anthropic is expected to go public later this year.

What’s Going On With CRM Stock?

Salesforce has a market capitalization of $141.94 billion, a 52-week high of $292.17 and a 52-week low of $163.52.

The large-cap stock of the technology company has dropped 40.41% over the past 12 months.

Benzinga's Edge Stock Rankings indicate that CRM stock is experiencing a negative price trend across all time frames.

Photo Courtesy:Shutterstock

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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Disclaimer: This content has not been generated, created or edited by Dailyhunt. Publisher: Benzinga