Salesforce to Invest $1 Billion in Singapore to Grow AI Product
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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.
The outlay is aimed at expanding products such as its new artificial intelligence platform, the company said in a statement Wednesday. Salesforce has an AI research hub in Singapore, and it has been investing in the city-state for almost two decades.