Meta hires Salesforce AI CEO Clara Shih to Lead The AI Division

Meta Hires Salesforce AI-CEO: Meta has appointed Clara Shih, the former CEO of the Salesforce artificial intelligence (AI) division, to lead a new unit focused on developing AI tools for businesses.

Meta Hires Salesforce AI-CEO

Meanwhile, Salesforce has confirmed that Adam Evans, previously the company’s vice president of AI Engineering, will succeed Shih, reported TechCrunch.

Evans has been promoted to executive vice president and general manager of Salesforce AI.

Also, Meta vice-president and monetization head John Hegeman was quoted by the media outlet as saying: “We believe these latest advancements in AI represent a significant opportunity for businesses to drive more efficiencies and significantly improve the experiences they offer their customers.

“This new product group under Clara’s leadership will help us bring that vision to life.”

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New Hire To Encourage Meta’s AI Monetization Plan

According to TechCrunch, Shih previously led Salesforce’s AI efforts, which have not exactly been a huge success. In May, Salesforce’s shares dropped the most since 2008, largely because investors feared the enterprise giant had missed out on the AI boom. The enterprise giant told investors at the time it expected to have the slowest growth ever in the coming quarter.

Since then, Salesforce has leaned hard into AI, releasing an AI agent developer platform called Agentforce. Its CEO, Marc Benioff, has even gone on the offensive, publicly taking shots at Microsoft’s enterprise AI efforts.

The move represents “a big step forward in Meta’s push to monetize its AI with businesses and enterprises,” wrote Jefferies analyst Brent Thill in a client note late Tuesday.

“We think Clara’s experience at CRM building Agentforce will be advantageous in Meta’s efforts to build Gen AI tools & agents for the more than 200 million businesses that leverage WhatsApp, Instagram, and Facebook each month.”