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ServiceNow's $3B AI Bet, Crypto Slumps Post Crypto Reserve Announcement

Bloomberg Technology

CHAPTER

Market Instability and AI Acquisitions: The New Tech Landscape

This chapter examines recent developments in the tech and financial sectors, focusing on ServiceNow's $2.8 billion acquisition of MoveWorks and the growing role of AI in IT services. It also discusses the declining value of Bitcoin against a backdrop of market instability and changing political attitudes towards cryptocurrency.

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