ServiceNow, a big software company, bought a smaller company called Moveworks for a whopping $2.85 billion! Moveworks makes super-smart AI assistants that help employees at work. This is ServiceNow's biggest purchase ever!
- ServiceNow wants to become even better at using artificial intelligence (AI).
- Moveworks' AI helps employees easily find answers and get things done.
- ServiceNow’s stock price went down a bit after the news.
| Fact | Number |
|---|---|
| Purchase Price | $2.85 billion |
| Moveworks Annual Revenue | Over $100 million |
| ServiceNow Stock Drop | 7.8% |
