Anurag Rana

If you look at the backlog of deals, we have seen, you know, you could say cloud commitments north of $1 trillion.

I think it's north of $1.5 trillion at this point from everybody.

You know, Microsoft, it's over $600 billion they have on their balance sheet that needs to drop into, you know, sales.

It's a big, big commitment by Meta to say that, you know, we are going to invest more in either training the models and being competitive in that area.

And they're going out to neoclouds such as Corvi for it.

It's a big, big commitment by meta to say that, you know, we are going to invest more in either training the models and being competitive in that area.

And they're going out to neoclouds such as CoreWeave for it.

It's actually very clean numbers.

I think the thing that sticks out most is capital expenditure is not going to go up.

I think people are worried about a lot of these cloud providers adding to CapEx.

So that's a good thing.

Revenue is slightly higher.

CapEx is remaining flat.

The backlog is growing.

So I think this is a good print from multiple facets.

There are a handful of their products that they have that they sell into the enterprise, whether it's customer service cloud or sales automation cloud.

Those are the ones I think they have a little bit better position of not being disrupted, but they have other visualization tools or some other smaller products that may not be the ones, but anybody would pay for it.

So I think there is a lot that needs to be done from Salesforce in terms of adding more AI capabilities to its core product and not change the narrative around

There are a handful of their products that they have that they sell into the enterprise, whether it's customer service cloud or sales automation cloud.

Those are the ones I think they have a little bit better position of not being disrupted, but they have other visualization tools or some other smaller products that may not be the ones, but anybody would pay for it.