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.

The CEO of Salesforce AI, Clara Shih, has left after just 20 months in the job.

Meta, the parent company of Facebook and Instagram, has hired away Salesforce’s head of AI to run a new product group dedicated to developing AI-powered tools for business.

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

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,