$Salesforce(CRM.US)

Context: Singapore’s Infocomm Media Development Authority (IMDA) and Salesforce have announced a Slack AI Launchpad Programme intended to help up to 1,000 small and medium-sized enterprises build AI-enabled workflows. The two-year initiative will offer qualifying participating SMEs a 60-day Slack Business+ trial for as many as 10 users, paired with two workshops. The workshops are intended to help businesses identify an operational process suitable for automation and implement at least one AI-assisted workflow. The arrangement supports Singapore’s National AI Impact Programme, which aims to help 10,000 enterprises advance AI adoption over three years. The Slack initiative is one of several pathways under the national effort, rather than a commitment to supply free software to all 10,000 businesses.

My Trade: Still waiting patiently for my Profit target of $260. Although Salesforce has shown resilience and recovery after the software sector downturn, it has trailed behind other software companies in terms of recovery.

Takeaway: The program is designed around the challenge of moving from AI awareness to concrete use cases. This could prove useful for SG as the initiative to encourage companies to adopt and integrate AI into the day to day operations of their businesses allows them to keep up with the times. @Captain's Treasure