Economic uncertainty does not change strong demand. ServiceNow's AI product revenue aims to reach $1 billion next year.

Zhizhong Financial APP learned that ServiceNow (NOW.US) announced that the annual contract business scale of its flagship artificial intelligence software product will exceed $1 billion next year. At the company's annual meeting on Monday, Chief Financial Officer Gina Mastantuono announced the new target for the generative AI product Now Assist in 2026. She also revealed that the current annual contract value of the product has exceeded $250 million, representing the amount customers commit to pay each year.