Salesforce is going to make a ton of money from AI.

The stock gained 22% this week, the best result among US mega caps.

The key driver is that the market is starting to realize Salesforce may not be an AI victim, but a potential winner. ARR from Agentforce, the company’s AI agent platform for CRM, reached $1.5 billion, up 240% year over year.

Salesforce also partnered with Anthropic. Claude will become the default model in Agentforce, with secure access to Salesforce CRM data through a plugin featuring 37 prebuilt sales skills.

The company’s contracted revenue expected over the next 12 months also reached $33.5 billion, up 14% year over year. That is Salesforce’s fastest bookings growth in four years.

$CRM