ServiceNow shares edged higher in early trading Tuesday after multiple senior executives canceled previously planned stock sales, according to an U.S. Securities and Exchange Commission 8-K filing.
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"AI doesn't replace enterprise orchestration," he added. "It depends on it”.
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ServiceNow delivered strong Q2 results, beating expectations across the board and raising its full-year outlook.
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Salesforce CEO Marc Benioff revealed that "AI is doing 30% to 50% of the work at Salesforce now," during an interview with Bloomberg's The Circuit with Emily Chang.
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Bank of America projects that agentic AI spending could reach $155B by 2030, driven by automation of knowledge worker tasks.
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