Using AI for good
$NOW to acquire Element AI for an undisclosed sum. Article estimates $500m (~0.5% of ServiceNow’s $100b mkt cap)
Sounds good. Adding AI into $NOW ‘s workflows to assist enterprises to work better.
I have a lot of respect for the $NOW CEO, @BillRMcDermott
$NOW to acquire Element AI for an undisclosed sum. Article estimates $500m (~0.5% of ServiceNow’s $100b mkt cap)
Sounds good. Adding AI into $NOW ‘s workflows to assist enterprises to work better.
I have a lot of respect for the $NOW CEO, @BillRMcDermott
https://twitter.com/techcrunch/status/1333402807135854592
Element AI is a Canadian company founded and run by AI experts. The top skills are staying on at $NOW
They help enterprises to *use* AI to their advantage. NB for the future.
Just read the bios of the two top gents below. There are several more...
They help enterprises to *use* AI to their advantage. NB for the future.
Just read the bios of the two top gents below. There are several more...
Element AI has previously raised cash from some of the worlds biggest AI companies.
Read excerpt below from the TechCrunch article.
Microsoft, Intel, Nvidia & Tencent
They also have McKinsey as a shareholder
Read excerpt below from the TechCrunch article.
Microsoft, Intel, Nvidia & Tencent
They also have McKinsey as a shareholder
Overall, it seems great.
$NOW has annual rev of $4b. CEO wants to get it to $10b.
It’s going to need a lot of AI in the mix to reach that target!
So this deal adds to their AI capabilities & brings along some top skills in that space.
Makes sense 👍
$NOW has annual rev of $4b. CEO wants to get it to $10b.
It’s going to need a lot of AI in the mix to reach that target!
So this deal adds to their AI capabilities & brings along some top skills in that space.
Makes sense 👍
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