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ServiceNow Nears $3 Billion Acquisition of AI Firm Moveworks

  • ServiceNow is nearing a $3 billion acquisition of AI firm Moveworks.
  • Moveworks specializes in AI-driven employee assistance tools and was valued at $2.1 billion in a 2021 funding round.
  • ServiceNow develops software to streamline IT and personnel operations and has been integrating generative AI into its products.
  • ServiceNow and Google Cloud expanded their partnership to integrate AI-driven enterprise technology.

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