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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Salesforce has signed an agreement to acquire the AI customer service platform Fin for approximately $3.6 billion. The acquisition aims to enhance Salesforce's autonomous technology capabilities and agentic offerings using Fin's proprietary AI model, Apex, which resolves queries across channels like Slack and email. Following the announcement, Wolfe Research reaffirmed its 'Outperform' rating for Salesforce stock, which was priced at $168.17 at the time.