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Report: Microsoft in Talks to Buy Nuance Communications for About $16 Billion

FILE PHOTO: A Microsoft logo is seen in Los Angeles, California, US June 14, 2016. REUTERS/Lucy Nicholson/File Photo
FILE PHOTO: A Microsoft logo is seen in Los Angeles, California, US June 14, 2016. REUTERS/Lucy Nicholson/File Photo
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Report: Microsoft in Talks to Buy Nuance Communications for About $16 Billion

FILE PHOTO: A Microsoft logo is seen in Los Angeles, California, US June 14, 2016. REUTERS/Lucy Nicholson/File Photo
FILE PHOTO: A Microsoft logo is seen in Los Angeles, California, US June 14, 2016. REUTERS/Lucy Nicholson/File Photo

Microsoft Corp is in advanced talks to buy artificial intelligence and speech technology company Nuance Communications Inc at about $16 billion, Bloomberg News reported on Sunday.

An agreement could be announced as soon as this week, Bloomberg quoted people familiar with the matter as saying.

The price being discussed could value Nuance at about $56 a share, one of the people told Bloomberg, though the terms could still change.

Talks between Burlington, Massachusetts-based Nuance and Microsoft are ongoing and the discussions could still fall apart, the report added.

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Pope Leo Warns Politicians of the Challenges Posed by AI

This handout photograph taken and released by the Vatican Media on June 21 2025, shows Pope Leo XIV delivers his speech as he meets with participants in the Jubilee of the Rulers, in The Vatican. (Handout / Vatican Media / AFP)
This handout photograph taken and released by the Vatican Media on June 21 2025, shows Pope Leo XIV delivers his speech as he meets with participants in the Jubilee of the Rulers, in The Vatican. (Handout / Vatican Media / AFP)
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Pope Leo Warns Politicians of the Challenges Posed by AI

This handout photograph taken and released by the Vatican Media on June 21 2025, shows Pope Leo XIV delivers his speech as he meets with participants in the Jubilee of the Rulers, in The Vatican. (Handout / Vatican Media / AFP)
This handout photograph taken and released by the Vatican Media on June 21 2025, shows Pope Leo XIV delivers his speech as he meets with participants in the Jubilee of the Rulers, in The Vatican. (Handout / Vatican Media / AFP)

Pope Leo warned politicians on Saturday of the challenges posed by the rise of artificial intelligence (AI), addressing its potential impact on younger people as a prime concern.

Speaking at an event attended by Italian Prime Minister Giorgia Meloni and parliamentary delegations from 68 countries, Leo revisited a topic that he has raised on a number of occasions during the first few weeks of his papacy.

"In particular, it must not be forgotten that artificial intelligence functions as a tool for the good of human beings, not to diminish them or even to replace them," Leo said at an event held as part of the Roman Catholic Jubilee or Holy Year.

AI proponents say it will speed up scientific and technological progress and help people to carry out routine tasks, granting them more time to pursue higher-value and creative work.

The US-born pontiff said attention was needed to protect "healthy, fair and sound lifestyles, especially for the good of younger generations."

He noted that AI's "static memory" was in no way comparable to the "creative, dynamic" power of human memory.

"Our personal life has greater value than any algorithm, and social relationships require spaces for development that far transcend the limited patterns that any soulless machine can pre-package," he said.

Leo, who became pope in May, has spoken previously of the threat posed by AI to jobs and has called on journalists to use it responsibly.