Latest news with #KuraLabs
Yahoo
09-04-2025
- Business
- Yahoo
ServiceNow (NYSE:NOW) Expands AI Capabilities Through New Partnerships With Kura Labs And Deloitte
ServiceNow recently experienced a decline of 10% over the past week. This price movement comes despite two major developments: a partnership with Kura Labs to enhance AI-powered workflows and an expanded alliance with Deloitte and Google Cloud to bolster AI capabilities. These initiatives, aimed at increasing automation and operational efficiency, may not have countered broader market trends amidst a volatile period marked by substantial market declines, where the S&P 500 and tech-heavy indices faced heightened pressure due to escalating tariffs and associated economic uncertainties. ServiceNow's performance, therefore, aligns with the broader negative sentiment affecting the tech sector. We've identified 2 possible red flags with ServiceNow and understanding the impact should be part of your investment process. AI is about to change healthcare. These 26 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10b in market cap - there's still time to get in early. The recent announcements involving ServiceNow's partnerships with Kura Labs, Deloitte, and Google Cloud underscore the company's commitment to integrating AI into its operations. While these initiatives are geared towards enhancing automation and efficiency, the recent 10% decline in share price suggests that investors are weighing these developments against broader market volatility and existing sector dynamics. Over the past five years, ServiceNow's total return, including share price and dividends, has been 140.86%, highlighting significant longer-term growth despite recent setbacks. Over the past year, ServiceNow's shares have underperformed compared to the US Market, which experienced a 5.8% decline, and the US Software industry, which saw a 10.5% decline. This underperformance raises questions about short-term challenges, particularly as the company shifts towards a hybrid consumption and subscription model that could initially impact revenue growth and compress profit margins. The market's cautious reaction suggests investors may be concerned about potential increases in operational costs associated with aggressive AI adoption. Analysts suggest that ServiceNow's current share price at US$727.6 is approximately 24.5% lower than the bearish price target of US$963.82, indicating room for upward movement if the company successfully implements its AI initiatives. This price movement relative to the target reflects investor uncertainty about the pace at which AI-driven revenue and earnings improvements will materialize. While the revenue target of $17.8 billion by 2028 indicates ambitious growth, meeting these objectives will necessitate overcoming customer adaptation challenges and sustaining competitive pressures within the industry. Examine ServiceNow's earnings growth report to understand how analysts expect it to perform. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NYSE:NOW. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@

Associated Press
09-04-2025
- Business
- Associated Press
Kura Labs and ServiceNow Partner to Deliver Advanced Agentic Engineering Training for Certified Application Developers
Collaboration to Equip Developers with Next-Generation AI-Driven Workflow Automation Capabilities NEW YORK, April 9, 2025 /PRNewswire/ -- Kura Labs, a pioneer in Infrastructure Computing workforce training, and ServiceNow, the AI platform for business transformation, today announced a strategic partnership to deliver an immersive training program through the launch of RiseUp with ServiceNow Innovation Hub with Kura Labs. This Innovation Hub will equip professionals with cutting-edge agentic engineering capabilities, enabling them to build AI-powered workflows that drive automation, intelligence, and efficiency across ServiceNow's expansive enterprise ecosystem. 'ServiceNow is at the forefront of enterprise AI, and we are thrilled to partner with them to redefine how developers are trained for this new era of intelligent automation,' said Sheldon Gilbert, Founder & CEO of Kura Labs. 'Our use of commercial workload simulations provides the ideal environment for mastering ServiceNow's agentic layers, from AI-driven workflows to LLM-enabled automation from the autonomous detection of cyberattacks to the orchestration of GPUs. This program ensures that developers are not just certified but fully equipped to drive enterprise transformation at scale.' The partnership leverages Kura Labs' expertise in providing advanced training in AI infrastructure computing, cloud infrastructure, cybersecurity, robotics, smart manufacturing, and Edge/IoT. Using Kura's partner simulation platform, developers will gain hands-on experience across the entire agentic layer of the ServiceNow tech stack, harnessing the power of its unified data model and uniquely rich Configuration Management Database (CMDB) that powers novel enterprise local LLM layers, further enhancing AI-driven workflow automation and overall agentic capabilities. 'This partnership marks a significant milestone in AI-powered enterprise automation,' said Karen Pavlin, Chief Workforce Innovation Officer. 'By integrating Kura Labs' simulation-driven training approach with ServiceNow's platform, we are providing our learners with valuable, hands-on experience that will enable them to be job-ready day one and support our customer and partner ambitions to build AI powered agentic solutions that can revolutionize how businesses operate.' The collaboration aligns with ServiceNow's broader vision to accelerate workforce readiness in AI-driven enterprise solutions. Through highly immersive, real-world simulations, trainees will develop and deploy next-generation applications, transforming enterprise service management across industries. As enterprises increasingly look to agentic AI to drive business transformation this partnership will accelerate the development of a new generation of ServiceNow professionals adept in agentic engineering. Media Contact: Justin Goldstein, PR73, About Kura Labs Kura Labs is a leading workforce training academy specializing in AI infrastructure computing, cloud infrastructure, cybersecurity, robotics, smart manufacturing, and Edge/IoT. Its use of commercial workload simulations provides real-world training environments to prepare professionals for the future of AI-driven enterprise automation.