ServiceNow (NOW) Products See Growth Amid Transformation into AI-Powered Enterprise Platform

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ServiceNow, Inc. (NYSE: NOW), a cloud-based software company, is highlighted by Columbia Global Technology Growth Fund in its Q4 2025 investor letter. Despite recent stock losses and concerns over its acquisition of Armis, the company’s transformation into an AI-powered enterprise platform is seen as compelling, with products gaining traction in large deals and a target of $1 billion in AI annual contract value. ServiceNow ranks 25th in popularity among hedge funds.

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