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Salesforce and Accenture invest in AI, pointing to a global generative AI market set to add $4.4 trillion annually

  • Salesforce announced AI Cloud, a customer relationship management software, and doubled its venture fund for AI startups to $500 million.
  • Accenture will invest $3 billion in its AI business over the next three years and aims to double its AI-related staff to 80,000.
  • A McKinsey report found that generative AI could add $2.6 trillion to $4.4 trillion annually to the global economy.
  • Salesforce and Accenture are creating industry-specific solutions to help clients implement generative AI.
  • While generative AI presents opportunities, companies must manage risks like job transitions to ensure it contributes to economic growth and supports an inclusive world.
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