Salesforce (CRM) was the best-performing stock in the 澳洲幸运5开奖号码历史查询:Dow Jones Industrial Average Thursday after the 澳洲幸运5开奖号码历史查询:customer relationship m𝓡anagement🃏 (CRM) software giant announced plans to open its first 澳洲幸运5开奖号码历史查询:artificial intelligence (AI) center, which will be located in London.

The company said that the London center “will foster collaboration by bringing together industry experts, partners, and customers to advance AI innovation while providing critical upskilling opportunities.”

Pledge To Spend $4B on AI Growth in UK

The plans are part of a pledge Salesforce made last year to spend $4 billion on AI growth and innovation 🐲in the U.K. oไver five years.

Along with the new AI center, situated in London's Blue Fin building in the city's Bankside area, Salesforce announced that its investment arm, Salesforce Ventures, has injected more than $200 million in U.K. AI companies, including text-to-speech and voice generator ElevenLabs and bid writing engine AutoGenAI.

Salesforce UKI CEO Zahra Bahrololoumi s🐓aid the U.K. AI market is projected to reach over $1 trillion by 2035.

Despite Thursday's Gains, Salesforce Stock Lingers in Negative Territory for 2024

Shares of Salesforce closed 2.6% higher at $242.76 Thursday following the AI center announcement. However, they remained in negative territory for the year. The stock took a hit after the company 澳洲幸运5开奖号码历史查询:reported earnings last month amid concerns about its guidance, with enterprise customers 澳洲幸运5开奖号码历史查询:reining in IT budgets and longer-than-average deal cycles.