Microsoft in talks to buy AI firm Nuance Communications for about $16 billion - (Financial Post via NewsPoints Desk)

  • According to a source close to the matter, Microsoft is in advanced talks to buy artificial intelligence and speech technology company Nuance Communications for about $16 billion, as reported Sunday in Financial Post.

  • The source suggested that the price being discussed could value Nuance at about $56 a share, with a deal possibly coming as early as April 12.

  • Nuance makes software for sectors ranging from healthcare to the automotive industries.

Did you like this article?