Summer 2026
Posted on 4/23/2026
Cloud-based CRM platform with subscriptions
$49 - $68/hr
Company Historically Provides H1B Sponsorship
Palo Alto, CA, USA
In Person
Master's, PhD
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Salesforce provides cloud-based CRM software to help organizations manage customer relationships. Its main platform, Customer 360, combines marketing, sales, service, commerce, and IT tools in one integrated suite delivered via subscription. It differentiates itself with a broad, modular product lineup, a large ecosystem of partners and training, and cloud-based updates. Its goal is to help businesses of all sizes improve customer relationships, streamline operations, and drive growth by delivering consistent, data-driven experiences across the customer journey.
Company Size
10,001+
Company Stage
IPO
Headquarters
San Francisco, California
Founded
1999
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Health Insurance
Life Insurance
401(k) Retirement Plan
Remote Work Options
Flexible Work Hours
Parental Leave
Wellness Program
Salesforce shares rose 2.75% to $264 on Thursday following Snowflake's strong quarterly results. The cloud-data company reported 37% growth in product revenue, with artificial intelligence driving roughly half of the acceleration. Salesforce's second-quarter revenue increased 11% to $11.3 billion. Current remaining performance obligations climbed 14% to $33.5 billion. The company's Agentforce and Data 360 products generated nearly $3.9 billion in annual recurring revenue, including more than $1.5 billion from Agentforce. At $264, Salesforce trades 22% below its estimated fair value of $339. The combined AI and data run rate represents approximately 8.6% of annualised quarterly revenue. Snowflake's performance suggests enterprise AI spending is materialising, though Salesforce must demonstrate it can capture similar budgets.
Salesforce attributed its flat profit margin guidance to heavy spending on Anthropic's Claude AI model. Deputy CFO Mike Spencer told the Deutsche Bank Technology Conference that the company's operating margin is projected at 20.1% for the full year, down from 20.5% in Q2, due to Claude token costs. Spencer said Salesforce deployed Claude in its research and development cycle six months ago to accelerate product development. However, the company is now entering "refinement mode", selecting specific models for particular tasks rather than using the most advanced models for everything. The CRM giant is optimising costs across multiple AI providers, including OpenAI, Cursor, Claude, and testing X's Grok. CEO Marc Benioff previously disclosed expectations to spend $300 million with Anthropic in 2026.
Jim Cramer attributes the recent rebounds of Palantir and Salesforce to a combination of strong earnings and the collapse of a major hedge fund betting against enterprise software. According to Seeking Alpha data, Palantir surged 51% in August whilst Salesforce climbed nearly 40%. Both companies delivered strong quarterly results. Palantir posted 93% Q2 sales growth and raised its full-year outlook, whilst Salesforce beat expectations and expanded its Anthropic partnership. However, Cramer argues the turnaround also stems from the implosion of Situational Awareness, a leveraged hedge fund that controlled $45 billion and bet against enterprise software. "Once that hedge fund blew up, the whole group came roaring back," Cramer said on Mad Money.
Funding will accelerate product development and global deployment of the Wonderful AI OS, as enterprises move from isolated AI use cases to organization-wide transformation.
Founded just last year, the startup already has 650 employees and is expanding its forward-deployed engineering teams around the world.