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Sources: workflow automation company ServiceNow nears deal to buy enterprise AI assistants company Moveworks in a deal that could value Moveworks at ~$3B (Bloomberg)

Bloomberg : Sources: workflow automation company ServiceNow nears deal to buy enterprise AI assistants company Moveworks in a deal that c...

7 March 2025

Investors are turning to "AI wrappers", startups that leverage existing LLMs by other developers to build tools for coders, clinicians, lawyers, and others (Kate Clark/Bloomberg)

Kate Clark / Bloomberg:
Investors are turning to “AI wrappers”, startups that leverage existing LLMs by other developers to build tools for coders, clinicians, lawyers, and others  —  Forget LLMs.  Silicon Valley investors have a new favorite AI play.  —  Not long ago, Silicon Valley was dismissive of startups like Harvey.

Posted from: this blog via Microsoft Power Automate.

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