February 27, 2025

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AI Revolution: Salesforce, NVIDIA, Alibaba, and More Drive Industry Growth

The tech industry is abuzz with the latest developments in artificial intelligence (AI), from Salesforce's AI agent builder platform to NVIDIA's record-breaking quarter. In this news brief, we'll delve into the key stories and trends shaping the AI landscape.

Salesforce Stock Falls Amid Concerns Around Its AI Agent

Salesforce's stock took a hit after the company's earnings release, with concerns surrounding its AI agent builder platform, Agentforce. Despite a disappointing earnings outlook for 2025, Salesforce executives downplayed the impact of Agentforce on sales, citing a "modest" contribution to revenue this year. Analysts remain divided on the platform's potential, with some reiterating buy ratings and price targets.

NVIDIA Hits 78% Revenue Surge, Riding AI Wave

NVIDIA reported a record-breaking quarter, with revenue surging 78% year over year. The company attributed the growth to strong demand for its AI chips, particularly in the data center segment. NVIDIA's CEO, Jensen Huang, highlighted the exceptional demand for the company's AI supercomputers and the swift production ramp-up of Blackwell hardware.

Alibaba Gains Benchmark's Endorsement as AI and E-Commerce Growth Drive Stock Outlook

Alibaba has been added to Benchmark's Best Ideas list for 2025, with analysts citing improving fundamentals and renewed growth potential. The company's e-commerce growth and AI adoption are expected to drive a structural rerating of its shares next year. Benchmark also highlighted the potential for a cooperation with Apple, which could provide Alibaba a competitive edge in AI cloud services.

SoundHound AI, Inc. Soars on Wednesday

SoundHound AI, Inc. saw its stock rise 7.53% on Wednesday, ahead of its earnings release. The company announced the next generation of its voice AI-powered platform for restaurants, enhancing its Dynamic Drive-Thru solution's accuracy and speed.

Linear Finance Releases 2025 Development Roadmap

Linear Finance has released its 2025 development roadmap, which includes enhancing Perp DEX features in Q1, establishing AI foundations in Q2, and launching advanced analytics and dashboard integration features in Q3. The company aims to become a fully AI-driven trading assistant by the end of the year.

Amazon Rolls Out AI-Driven Alexa+ Service

Amazon is rolling out an AI-driven Alexa+ service, which will start with an 'early access period' in the U.S. The service will include new features such as agentic capabilities, allowing Alexa to navigate the internet in a self-directed way to complete tasks.

It's America's Fastest-Growing Job – Thanks to ChatGPT

The market for jobs in the AI sector has surged in the last two years, with job postings in AI fields spiking 68% in the United States since the end of 2022. The growth is attributed to the ChatGPT effect, with many companies looking to adopt AI tools to improve productivity and efficiency.

Ocado to Cut 500 Technology and Finance Jobs as AI Reduces Costs

Ocado is cutting 500 technology and finance jobs as AI reduces costs. The company has seen improvements in productivity due to AI, enabling it to cut roles across its technology and finance divisions. AI is also helping to improve the productivity of its robots in warehouses, allowing it to take on fewer new workers as sales grow.

AI-Enabled Products, Exports & Aggressive Pricing Boost Samsung & LG's India Sales by 10 Per Cent in 2024

Samsung and LG's India sales grew by 10% in 2024, driven by aggressive pricing, enabled products, and exports. The companies' sales in India had declined in previous years, but AI-enabled products and exports helped them improve their financial performance in the country.

Key Takeaways

  • Salesforce's AI agent builder platform, Agentforce, is expected to have a modest contribution to revenue this year, with analysts remaining divided on its potential.
  • NVIDIA's record-breaking quarter was driven by strong demand for its AI chips, particularly in the data center segment.
  • Alibaba has been added to Benchmark's Best Ideas list for 2025, with analysts citing improving fundamentals and renewed growth potential.
  • The market for jobs in the AI sector has surged in the last two years, with job postings in AI fields spiking 68% in the United States since the end of 2022.
  • Ocado is cutting 500 technology and finance jobs as AI reduces costs, while Samsung and LG's India sales grew by 10% in 2024, driven by aggressive pricing, enabled products, and exports.

Sources

Artificial Intelligence AI Agent NVIDIA Salesforce Alibaba AI Adoption