Genesys Announces $1.5 Billion in New Investment Commitments from Salesforce (CRM) and ServiceNow (NOW)

Salesforce, Inc. (NYSE:CRM) is one of the top most profitable NYSE stocks to buy now. On July 31, Genesys announced $1.5 billion in new investment commitments from Salesforce, Inc. (NYSE:CRM) and ServiceNow, Inc. (NYSE:NOW). According to the announcement, both companies agreed to invest an “equal amount.”

Genesys is a global cloud leader in AI-Powered Experience Orchestration, and the milestone supports its position as a strategic customer experience (CX) orchestration platform. It also bolsters the global partnerships between Genesys and Salesforce, Inc. (NYSE:CRM) and ServiceNow, Inc. (NYSE:NOW).

Salesforce, Inc. (NYSE:CRM) designs and develops cloud-based enterprise software for customer relationship management.

Its solutions encompass customer service and support, sales force automation, digital commerce, marketing automation, collaboration, community management, industry-specific solutions, and salesforce platforms. It also offers training, guidance, support, and advisory services.

While we acknowledge the potential of CRM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.