ServiceNow Launches Studio Platform and Acquires AI Startup Moveworks for $2.85 Billion
Summary
ServiceNow launches Studio Platform for no-code AI agent development, releases thousands of pre-built AI agents for security and network operations, and announces $2.85 billion acquisition of AI startup Moveworks to accelerate its artificial intelligence strategy.
Key Points
- ServiceNow releases ServiceNow Studio, a centralized platform for no-code, low-code and pro-code developers to manage and develop AI agent applications with automated reviews and approvals
- The company moves thousands of pre-built AI agents into general availability as part of its Yokohama release, including security operations and proactive network test and repair agents
- ServiceNow signs agreement to acquire AI startup Moveworks for approximately $2.85 billion, with the deal expected to close in the second half of this year to advance its agent strategy