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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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.

Clara Shih was one of the few executives at Salesforce with "CEO" in her title. Now her departure has shaken up the race to replace Marc Benioff.

Meta has hired the former CEO of Salesforce AI, Clara Shih, to lead a new “Business AI” group.

Meta has appointed Clara Shih, the former CEO of AI at Salesforce, to spearhead a newly created Business AI group aimed at developing AI tools for businesses using its social media platforms. In a LinkedIn post on Tuesday,

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,

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