Salesforce is planning to invest $1 billion in Singapore over the next five years. This investment aims to help Singapore improve its digital technology and use Salesforce’s AI software called Agentforce. Agentforce is a tool that can answer complex questions in Slack, a communications app, using all available information. Salesforce’s CEO, Marc Benioff, mentioned that they have been in Singapore for 25 years and will continue to invest in the country.
Salesforce also mentioned that Agentforce can assist Singapore in expanding its workforce in important service and public sector jobs. This is especially helpful as Singapore is facing challenges with its aging population and decreasing birth rates. Jermaine Loy, from the Singapore Economic Development Board, is happy about Salesforce’s investment and believes it will enhance Singapore’s position as a hub for AI innovation.
Overall, Salesforce’s investment in Singapore shows their commitment to the country’s growth and development in the field of technology.
Vocabulary List:
- Investment /ɪnˈvɛs.tmənt/ (noun): The action of putting money into something to earn a financial return.
- Technology /tɛkˈnɒl.ə.dʒi/ (noun): The application of scientific knowledge for practical purposes.
- Assist /əˈsɪst/ (verb): To help or support someone with a task.
- Challenges /ˈtʃæl.ɪn.dʒɪz/ (noun): Difficult tasks or situations that require effort to overcome.
- Population /ˌpɒp.jʊˈleɪ.ʃən/ (noun): The group of individuals of the same species living in a specific area.
- Commitment /kəˈmɪt.mənt/ (noun): The state or quality of being dedicated to a cause or activity.
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