ServiceNow completed the acquisition of Element AI for $500m.

ServiceNow, an American software company, completed the acquisition of Element AI, an artificial intelligence company, for $500m. ServiceNow expects to complete the acquisition in early 2021. “ServiceNow is leading this once-in-a-generation opportunity to make work, work better for people. With Element AI’s powerful capabilities and world class talent, ServiceNow will empower employees and customers to focus on areas where only humans excel – creative thinking, customer interactions, and unpredictable work. That’s a smarter way to workflow,” Vijay Narayanan, ServiceNow Chief AI Officer.