Salesforce is accelerating its use of artificial intelligence in automating workloads, according to CEO Marc Benioff.

“All of us have to get our head around this idea that AI could do things, that before, we were doing, and we can move on to do higher value work,” he said in an interview with Bloomberg’s Emily Chang, noting that the technology currently accounts for about 30% to 50% of the company’s work.

Technology companies are hunting for new ways to trim costs, boost efficiencies and transform their workforce with the help of AI.

The aftershocks have already hit the tech industry, with the software giant cutting over 1,000 positions earlier this year as it restructured around AI.

Other technology companies have made similar moves, including cybersecurity giant CrowdStrike.

Klarna CEO Sebastian Siemiatkowski said the company has shrunk its headcount by 40% due in part to AI investment, while Amazon CEO Andy Jassy said the e-commerce giant will use AI to reduce roles.

Benioff called the rise of AI in the workforce a “digital labor revolution,” estimating that the software company has reached about 93% accuracy with the technology.

“It’s pretty good,” he said, but it’s not “realistic” to hit 100%. He added that other vendors are at “much lower levels because they don’t have as much data and metadata” to build higher accuracy.

WATCH: Salesforce CEO Marc Benioff: Data centers and chips are ‘commodities’

The Trump Organization scrapped a reference that its recently revealed smartphone will be made in the U.S., amid doubts that such a device can be manufactured on American shores at its price tag.

A spokesperson for the Trump Organization, which is owned by U.S. President Donald Trump, nevertheless maintained the handset would be made in the U.S.

This month, the Trump Organization introduced the T1, a gold-colored device set to retail for $499. At the time of the announcement, a banner on the homepage of the company’s website said: “Our MADE IN THE USA ‘T1 Phone’ is available for pre-order now.”

The reference to where the phone will be produced has been completely removed. The change was first noted by The Verge.

The T1’s webpage now says the phone has “American-Proud Design” and is “brought to life right here in the USA” — though it’s unclear if that means it will actually be manufactured in America.

When the T1 was initially announced, experts told CNBC the device would likely be made in China by a local third-party company. The U.S. does not have an advanced supply chain to manufacture smartphones. Even if it did, many components would still need to come from overseas.

However, in a statement to USA TODAY, Trump Mobile Spokesperson Chris Walker, said that “T1 phones are proudly being made in America.”

“Speculation to the contrary is simply inaccurate,” Walker said.

The language about manufacturing location is not the only thing that has changed on the T1 website. Some of the features and specs of the device have also been updated.

In the initial announcement, the Trump Mobile website said the T1 would have a 6.8-inch AMOLED screen. That has now been reduced to 6.25-inch AMOLED display. A reference to the device having 12 gigabytes of random access memory (RAM), has also been dropped.

It’s an unusual move for a smartphone company to change the specs of a device after it has been announced.

CNBC has reached out to the Trump Organization about the changes in language regarding the device being manufactured in the U.S., as well as amendments to the phones specs.

Trump has made reshoring manufacturing in tech a key priority. While his initial attention was on getting semiconductor manufacturing capacity built up, the White House leader has turned his sights on smartphones. He has also poured scrutiny on Apple‘s supply chain, urging the iPhone maker to manufacture its flagship handset in the U.S. 

Cybercriminals have intensified their efforts to steal and sell online passwords, experts warn. The alarm comes after the discovery of online datasets containing billions of exposed account credentials. 

The 30 datasets comprised a whopping 16 billion login credentials across multiple platforms, including Apple, Google and Facebook, and were first reported by Cybernews researchers last week. 

The exposures were identified over the course of this year by Volodymyr Diachenko, co-founder of the cybersecurity consultancy Security Discovery, and are suspected to be the work of multiple parties.

“This is a collection of various data sets that appeared on my radar since the beginning of the year, but they all share a common structure of URLs, login details and passwords,” Diachenko told CNBC. 

According to Daichenko, all signs point to the leaked login information being the work of “infostealers” — malware that extracts sensitive data from devices, including usernames and passwords, credit card information and online browser data. 

While the lists of logins are likely to contain many duplicates as well as outdated and incorrect information, the overwhelming volume of findings puts into perspective how much sensitive data is circulating on the web. 

It should also raise alarms on how infostealers have become the “cyber plague” of today, Daichenko said. “Someone, somewhere, is having data exfiltrated from their machines as we speak.”

Daichenko was able to detect the exposed data because their owners had temporarily indexed them on the web without a password lock. Inadvertently shared data leaks are often caught by Security Discovery, but not at scales seen so far this year.

Consequently, there’s been an uptick in high-profile infostealer attacks. For example, in March, Microsoft Threat Intelligence disclosed a malicious campaign using infostealers that had affected nearly 1 million devices globally. 

Infostealers typically gain access to victims’ devices by tricking them into downloading the malware, which can be hidden in everything from phishing emails to phony websites to search engine ads.

The motive behind infostealer attacks is usually financial, with attackers often looking to directly take over bank accounts, credit cards, and cryptocurrency wallets or commit identity fraud. 

Cybercriminals can use stolen credentials and other personal data for purposes such as crafting highly convincing, personalized phishing attacks and blackmailing individuals or organizations. 

According to Palo Alto’s Green, the scale and dangers of those types of infostealers have intensified, thanks to the growing prevalence of underground markets that offer “cybercrime-as-a-Service,” in which vendors charge customers for malicious tools, sensitive data and other illicit online services.

“Cyber crime-as-a-Service is the critical enabler here. It has fundamentally democratized cybercrime,” Green said.

Those underground markets — often hosted on the dark web — create demand for cybercriminals to steal personal information and then sell that to scammers. 

In that way, data breaches become about more than just the individual accounts — they represent a “vast, interconnected web of compromised identities” that can fuel subsequent attacks, Green said. 

According to Diachenko, it’s likely that at least some of the compromised login datasets he identified had or will be traded to online scammers. 

On top of that, malware kits and other resources that can help to facilitate infostealer attacks can be found on those markets. 

CNBC has reported on how the availability of those tools and services has significantly lowered technical barriers for aspiring criminals, allowing sophisticated attacks to be executed at a massive, global scale. 

The report found that infostealer attacks grew by 58% in 2024.

In addition to frequent password updates, individuals will need to be more alert about the increasing amount of malware hiding in illegitimate software, applications and other downloadable files, Valenzuela said. He added that the use of multi-factor authentication on accounts has become more important than ever.

From a corporate perspective, it’s important to adopt a “zero trust architecture” that not only constantly authenticates the user, but also authenticates the device and user’s behavior, he added.  

Governments have also been doing more to crack down on infostealing activities in recent months.

In May, Europol’s European Cybercrime Centre said it had collaborated with Microsoft and global authorities to disrupt the “Lumma” infostealer, which it called “the world’s most significant infostealer threat.”