Marc Benioff on the AI boom, SaaSpocalypse, and future of Slack

Benioff argues the SaaS sell-off is misinformation-driven while positioning Slack, Anthropic, and Hugging Face as central to Salesforce's AI-agent strategy.

• SaaSpocalypse dismissed as noise: Benioff calls the software sell-off strange misinformation-driven fear, pointing to Salesforce's standout Q2 (strong revenue, margin, cash flow, low attrition) and the $25B of Salesforce stock he says was bought in the public market at $150, now near $250.
• Slack bought as an agent bet: Benioff says Salesforce paid roughly $25B for Slack years ago specifically betting it would become the agent for business; Meta, Nike, and General Motors (switching from Teams) now run on it.

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