Salesforce’s $25 Billion Debt Sale Draws Weak Demand on AI Worry

Salesforce Inc. saw lukewarm appetite for its $25 billion bond sale amid concerns over its debt-funded share buyback and broader worries about software companies’ exposure to artificial intelligence.

The company, which makes software that corporations use to track and manage their relationships with clients, drew a final order book of $36 billion on Wednesday, according to people with knowledge of the matter, or about 1.4 times the deal’s size.