ServiceNow's AI revenue more than doubled, fueling record subscription growth and a $5B buyback. CEO McDermott's contract is extended as the company targets 20% growth for 2026.
Paired with its recent OpenAI partnership, the deal highlights ServiceNow’s creation of a model-agnostic architecture for building and deploying agentic AI workflows.
Mostly due to AI-related fears of disruption, ServiceNow is currently trading at some of the lowest valuation multiples in ...
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