FILE PHOTO: A message reading "AI artificial intelligence", a keyboard, and robot hands are seen in this illustration taken January 27, 2025. REUTERS/Dado Ruvic/Illustration/File Photo
(Reuters) -ServiceNow said on Monday it would buy AI firm Moveworks for $2.85 billion in cash and stock, marking the software maker's largest-ever acquisition when enterprises are spending heavily on the technology to enhance their IT operations.
The rapid rise of generative artificial intelligence has pushed companies such as ServiceNow and Salesforce to augment their products, striking new deals to stay competitive in a fast-evolving software market.
