Meta hired Salesforce's CEO of AI, Clara Shih, to lead a new organization building AI tools for businesses that use Meta's apps to reach consumers,

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Meta has appointed Clara Shih, former Salesforce Inc artificial intelligence chief, to head its newly formed Business AI division, marking a significant expansion of the social media giant's AI strategy for enterprise customers.

Shares of Meta Platforms, Inc. ($META) traded slightly lower Wednesday afternoon, even as retail investor attention remained strong following two consecutive sessions of gains. Jefferies reiterated its ‘Buy’ rating and $675 price target,

Clara Shih, who had served as the CEO of Salesforce AI since March 2023, wrote on her LinkedIn account: “Our vision for this new product group is to make cutting-edge AI accessi

Meta stock analysts are bullish on the company's hire of a former Salesforce executive to lead a new business AI group.