ServiceNow Eyes $3 Billion AI Deal, Targets Boost From Moveworks Chatbot Tech – ServiceNow (NYSE:NOW)

ServiceNow Inc NOW is nearing a deal to snap artificial intelligence firm Moveworks.

The purchase could value Moveworks at close to $3 billion, Bloomberg reports. Moveworks provides companies like Broadcom Inc AVGO with AI assistants to handle employee requests.

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The company, backed by Kleiner Perkins and Lightspeed Venture Partners, was worth $2.1 billion in…