Marc Benioff on cloud computing
From Salesforce.com CEO Marc Benioff | Mad Money | CNBC · · CNBC
“We want everyone to move to the cloud, we want everyone to move into the market that we dominate, because when they do we still dominate the market but they become subordinate. You see that with Oracle Cloud revenues which are actually quite pathetic. They should be superior to ours but they're not.”
On , Marc Benioff, Co-Founder, Chairman & CEO at Salesforce Inc, spoke about cloud computing during Salesforce.com CEO Marc Benioff | Mad Money | CNBC on CNBC.
About Marc Benioff
Marc Benioff, chair and CEO of Salesforce, reported first-quarter fiscal 2027 results in May 2026, raising full-year revenue guidance to $45.9–$46.2 billion and reiterating subscription and support growth of about 11% year-over-year. He announced a $25 billion accelerated share repurchase as part of a $50 billion buyback authorization, stating the company is “returning incredible shareholder value” during a period he described as a “SaaS apocalypse.” Benioff has emphasized the growth of Agentforce, which he said has become an $800 million business, and highlighted Slackbot as a key AI interface within Slack, predicting that within two years “there’ll be more agents using Slack than people.” In interviews, Benioff described himself as “not a Democrat on the left” and “not a Democrat or Republican,” saying “I’m an American” focused on supporting the country. He has called for aggressive regulation of AI, comparing it to social media harms, and argued that China’s AI models are now competitive with U.S. models regardless of chip access. He also reiterated Salesforce’s philanthropic 1-1-1 model, noting over 10 million hours of volunteerism and $1 billion in grants. Benioff hosted Dreamforce 2025 sessions with Anthropic CEO Dario Amodei and Trump administration official David Sacks, discussing the future of AI agents and the need for smart regulation.