Mar 11th, 2025

ServiceNow Bulks up AI Muscle with Moveworks purchase

ServiceNow has reached a deal to buy artificial intelligence firm Moveworks for nearly $3 billion. The deal will integrate Moveworks' AI assistants with ServiceNow's applications to offer an AI-powered self-service tool for customers. Bhavin Shah, Moveworks CEO joined Bloomberg Open Interest to talk about the deal and what's ahead for AI as businesses scale back on spending.