ServiceNow Inc. has agreed to buy artificial intelligence firm Moveworks for $2.85 billion as part of its push into AI tools that can complete tasks without human supervision.

ServiceNow expands its AI capabilities with the acquisition of Moveworks, adding 500 employees and enhancing enterprise-wide AI adoption for major companies.

ServiceNow said on Monday that it has agreed to acquire Moveworks, which develops enterprise-focused automation and AI tools. ServiceNow will pay $2.85 billion for Moveworks in a mix of cash and stock. The former expects the deal to close in the second half of 2025. Bloomberg reported the deal late on Sunday night.

Automation software giant ServiceNow is in the process of acquiring artificial intelligence (AI) firm Moveworks for nearly $3 billion, according to Bloomberg on Sunday, citing sources familiar with the matter.

ServiceNow ( NYSE: NOW) has confirmed its acquisition of Mountain View, California-based artificial intelligence firm Moveworks for $2.85 billion in cash and stock. The transaction is expected to close in the second half of 2025, subject to customary regulatory approvals and closing conditions.

Madison Mills and Brad Smith break down some of Monday's stocks in focus on Morning Brief. ServiceNow (NOW) signed an agreement to acquire Moveworks, an artificial intelligence (AI) assistant company,

Software company ServiceNow (NOW) announced its largest acquisition to date, agreeing to purchase AI startup Moveworks for $2.85 billion in a

ServiceNow also expects the integration of Moveworks' capabilities to expedite the delivery of AI-powered solutions and enhance customer interactions. Moveworks co‑founder and C