Salesforce Inc. (NYSE:CRM) CEO Marc Benioff disclosed plans to spend roughly $300 million on Anthropic’s AI this year, primarily for coding, calling the AI startup “a rocket ship that will not stop.”



<h2>Benioff Backs Anthropic</h2>



Speaking on the All-In Podcast, Benioff said coding agents have unlocked capabilities that were previously out of reach, including faster software deployment, AI-driven outbound prospecting and the ability to implement and sell products at the same time.



“I can do things that I just could not do before. I can go faster than ever before. I can implement my software and sell it at the same time. I’ve never been able to do that before.”



Benioff was clear in his praise, saying, “These coding agents are awesome. Anthropic is awesome.”



<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"><div>

</div></figure>



<h2>From SaaSpocalypse To $300M Opportunity</h2>



CRM shares have fallen more than 31% amid broader SaaS sector fears that AI could render enterprise software obsolete. Anthropic's initial Claude Cowork launch in February helped spark the &#34;SaaSpocalypse&#34; sell-off in software stocks. That same month, the company's Claude Code Security launch rattled cybersecurity incumbents, a sign of how broadly Anthropic is moving into territory once dominated by legacy software. 



Salesforce has also launched Headless 360, an API-first platform with 60+ MCP tools designed to give AI agents, including Claude Code, direct access to its enterprise stack. “I am going to probably use $300 million of Anthropic this year at Salesforce coding,” Benioff said.



The AI startup led by Dario Amodei and valued at roughly $900 billion, has been in the news on multiple fronts. NBA champion Tristan Thompson recently disclosed that he holds equity in the startup through a special purpose vehicle (SPV).



Anthropic is expected to go public later this year.



<h2>What’s Going On With CRM Stock?</h2>



Salesforce has a market capitalization of $141.94 billion, a 52-week high of $292.17 and a 52-week low of $163.52.



The large-cap stock of the technology company has dropped 40.41% over the past 12 months.



Benzinga's Edge Stock Rankings indicate that CRM stock is experiencing a negative price trend across all time frames.



<figure class="wp-block-image aligncenter size-full is-resized"></figure>



Photo Courtesy: Shutterstock



Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.



<div>



Read Also:

OpenAI Merges ChatGPT And Codex, Taps Greg Brockman To Lead Product Strategy Ahead Of Potential IPO: Report



</div>

CRMG

CLOU

Salesforce CEO Marc Benioff plans to invest $300 million in Anthropic's AI this year, praising its coding agents as transformative for software deployment and sales. Despite Salesforce's stock falling over 31% amid SaaS sector concerns, Benioff remains optimistic about Anthropic's potential, calling it a 'rocket ship.' Anthropic, valued at approximately $900 billion, is expected to go public soon.

benzinga_article

Salesforce

iShares Expanded Tech Software Sector ETF

Leverage Shares 2X Long CRM Daily ETF

SPDR S&P Software

Global X Cloud Computing ETF

ISHRS S&P Glb It

OpenAI

Salesforce CEO Marc Benioff Goes All-In on 'Awesome' Anthropic With $300 Million Spend, Hails Coding Agents: 'I've Never Been...'