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Microsoft Makes Big Bet on Health-Care AI Technology With Nuance

  • Tech giant in advanced talks to buy AI, speech software maker
  • Deal may be announced Monday with price set at $56 a share
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WATCH: Microsoft Corp. is said to be in advanced talks to buy artificial intelligence and speech technology company Nuance Communications Inc. (Source: Bloomberg)

Microsoft Corp. is making a massive bet on health-care artificial intelligence.

The software giant is set to buy Nuance Communications Inc., tapping the company tied to the Siri voice technology to overhaul solutions that free doctors from note-taking and better predict a patient’s needs. Microsoft may announce the deal as soon as Monday if talks are successful, according to people familiar with the matter.