Listen Labs, a startup using voice AI for customer interviews, walked away from a signed $125 million Series C funding round led by Menlo Ventures. The funding likely fell through due to ongoing acquisition talks with Salesforce, which is considering buying the company for around $2 billion. Listen Labs, valued previously at $1.5 billion, generates about $30 million in annual revenue and competes with startups like Simile. If acquisition talks fail, Listen Labs may seek a $2 billion or higher valuation in future funding rounds.
Salesforce is in talks to acquire Listen Labs, an AI-powered customer research platform, for about $2 billion. Listen Labs helps companies gather and analyze customer feedback using AI moderators and a global participant network. The deal, if complet...
Salesforce shares trade at $249.12, reflecting a valuation that seems fully priced based on past earnings. However, strong AI-driven growth, especially in its Agentforce segment with annual recurring revenue surpassing $1.5 billion, suggests signific...
Salesforce shares surged 34% after reporting fiscal Q2 earnings with a non-GAAP EPS of $5.90 versus $3.27 expected, largely due to $2.6 billion in net gains from strategic investments contributing $2.53 per share. Excluding these gains, recurring ear...
Investors pulled $700 million from the iShares Expanded Tech-Software Sector ETF (IGV) just hours before Snowflake reported a strong quarter with 37% product revenue growth and an increased full-year forecast, driven partly by AI. Despite Snowflake's...
