Microsoft to acquire AI firm Nuance for $16b to boost healthcare biz

Microsoft to acquire AI firm Nuance for $16b to boost healthcare biz

Customers stand near the Microsoft Corp. logo during the Microsoft Corp. Xbox One X game console global launch event in New York, U.S. Photographer: Mark Kauzlarich/Bloomberg

Microsoft Corp said on Monday it would buy artificial intelligence and speech technology firm Nuance Communications Inc for about $16 billion, as it builds out its cloud strategy for healthcare and enterprise customers.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter