What's happening

Salesforce is reportedly set to acquire AI-powered logistics startup Rune for roughly $375 million. The news marks the latest in a string of acquisitions by the company.

Why it matters

Rune is an AI logistics startup focused on the defense sector. Salesforce is making the deal to bolster its defense platform, called Missionforce. The move extends the CRM giant's AI investment into defense.

Context

Salesforce has been acquiring a series of companies to broaden its product portfolio. The Rune deal stands out as its step into defense technologies.

The figures and deal terms have not yet been officially confirmed by the company; the report is based on sources.