Marc Benioff says that Salesforce has become the "largest supplier of digital labor, and this is just the beginning.”

Salesforce’s share price is up nearly 12% after falling short of earnings expectations and beating Wall Street’s revenue forecast, according to Barron’s.

Salesforce (CRM) delivered a mixed Q3 performance. While revenue exceeded Wall Street expectations, earnings came in below estimates. Further, its Q4 earnings forecast fell short of the Street’s projections.

Salesforce shares popped Wednesday, a day after the company a day released third-quarter results that exceeded analysts' estimates. Analysts are encouraged by the Salesforce's AI agent product called Agentforce,

Salesforce has been betting big on its new Agentforce product to help reinvigorate growth rates, joining other tech companies such as Microsoft in developing AI agents that can autonomously complete tasks.

Salesforce has signed a “good number” of deals related to Agentforce, Executive Vice President Mike Spencer said in an interview after the earnings release. Still, these deals are largely initial roll-outs and will take time to show up in the company’s results,

Salesforce fell just short of EPS expectations in its latest earnings report, but it raised guidance for Q4 and the full year.