By Jaspreet Singh (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 ...

ServiceNow integrates AI into its entire service management platform, aiming to streamline workflow and improve overall efficiency. Shares of the Santa Clara, California-based company were down 7%.

ServiceNow will buy AI firm Moveworks for US$2.85 billion ($4.5 billion) in cash and stock, marking the software maker's largest-ever acquisition when enterprises are spending heavily on the ...