Salesforce could be on the hunt for acquisitions to beef up its AI capabilities.
The software giant has recently been in talks to buy Listen Labs, an AI-powered customer research platform for $2 billion, according to people familiar with the matter. The talks have not been finalized and could still fall apart, according to a person with knowledge of the deal.
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Salesforce and Listen Labs did not respond to requests for comment.
Listen Labs provides AI-driven market analysis for brands such as Anthropic, Google, and Nestlé. If the deal were to become finalized, it would be part of a wave of AI acquisitions in recent weeks, with Nvidia acquiring HuggingFace for around $12.9 billion and Stripe buying OpenRouter for around $8 billion.
Salesforce has been pushing to improve its AI efforts, with a particular focus on enterprise agents. The Information reported that they considered acquiring HuggingFace before it was sold to Nvidia.
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Listen Labs, cofounded by Alfred Wahlforss and Florian Juengermann in 2023, was last valued at $500 million in a financing round earlier this year. Its backers include Sequoia Capital, Ribbit Capital, Conviction Partners, Pear, and Neo.
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