SAN FRANCISCO, Nov. 19 (Xinhua) -- Meta confirmed on Tuesday that the company hired Salesforce's artificial intelligence (AI) CEO Clara Shih to lead a new organization building AI tools for businesses that use Meta's apps to reach consumers.

"I'm thrilled to share today that I've joined Meta to lead a new Business AI group," said Shih in a LinkedIn post. "Our vision for this new product group is to make cutting-edge AI accessible to every business, empowering all to find success and own their future in the AI era."

"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," said Meta's VP and Head of Monetization, John Hegeman, in a statement. "This new product group under Clara's leadership will help us bring that vision to life."

Shih previously led Salesforce's AI efforts. In May, Salesforce's shares dropped the most since 2008, largely because investors feared the enterprise giant had missed out on AI boom, according to a report by the TechCrunch. Enditem

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