ServiceNow buys artificial intelligence pioneer Element AI

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Summary

• Montreal-based Element AI launched back in 2016 as a professional services firm focused on helping traditional enterprises implement machine learning.
• The startup garnered significant industry attention from the outset thanks in part to its high-profile co-founder, the well-known deep learning researcher Yoshua Bengio, who won the Turing Award in 2018 for his contributions to the field.
• Bengio, meanwhile, will serve as a technical adviser for ServiceNow.
• Enterprise software vendors know they need to up their AI game in order to automate digital transformation, and that is happening today with ServiceNow buying Element AI, a pioneer in AI research,” Mueller said.
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