ServiceNow and Nvidia collaborate on generative AI for enterprise growth.
ServiceNow and Nvidia are partnering to develop customized large language models (LLMs) for data using Nvidia software, services, and infrastructure. The LLMs will bring AI to enterprise businesses and offer a better option than using general-purpose LLMs from OpenAI and others. ServiceNow also announced a $1 billion investment in its venture-capital arm to back enterprise-software startups in AI and automation. Nvidia's stock is up more than 2.5% following the announcement.