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ServiceNow Inc (NOW) Expands AI Strategy With Key Acquisitions
ServiceNow Inc (NOW) has announced the acquisition of Pyramid Analytics to strengthen its AI strategy, following earlier acquisitions of Data World and Veza. This move aims to enhance its AI platform by better integrating business analytics and data science capabilities directly into workflows, allowing organizations to convert data into action seamlessly. Bernstein has reiterated an Outperform rating for ServiceNow, citing it as an undervalued large-cap growth opportunity with significant AI-driven subscription revenue growth expected.