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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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SDAIA Receives Recognition for Innovative Projects at WSIS Summit in Geneva

SDAIA’s nominated projects represented a distinguished set of technological initiatives that demonstrated innovation, relevance, and impact in their respective fields - SPA
SDAIA’s nominated projects represented a distinguished set of technological initiatives that demonstrated innovation, relevance, and impact in their respective fields - SPA
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SDAIA Receives Recognition for Innovative Projects at WSIS Summit in Geneva

SDAIA’s nominated projects represented a distinguished set of technological initiatives that demonstrated innovation, relevance, and impact in their respective fields - SPA
SDAIA’s nominated projects represented a distinguished set of technological initiatives that demonstrated innovation, relevance, and impact in their respective fields - SPA

The Saudi Data & AI Authority (SDAIA) received certificates for its nominated projects, which were recognized among the best entries at the 2025 World Summit on the Information Society (WSIS) Prizes held in Geneva, Switzerland, highlighting SDAIA’s innovative contributions to the fields of data and artificial intelligence (AI).

SDAIA’s nominated projects represented a distinguished set of technological initiatives that demonstrated innovation, relevance, and impact in their respective fields.

Out of 973 submissions from various countries, they were chosen after an expert evaluation conducted by the International Telecommunication Union (ITU), SPA reported.

The nominated projects included the government cloud-computing platform “Deem,” which provides integrated and flexible cloud services for government entities; the “Nafath” application for biometric identity verification; the “Serti” service within the “Tawakkalna” app that enables users to display their certified academic qualifications; the “Tahseen” project, which uses AI to restore and enhance historical media; and the “Allam” and “Sawtak” projects, both of which represent a significant leap in supporting and processing Arabic using large language models and speech recognition technologies.

These achievements reflect the Kingdom’s commitment, through SDAIA, to reinforcing its global standing as a trusted authority in data and AI, advancing the national digital transformation agenda, and supporting the goals of Saudi Vision 2030. They also contribute to enhancing the Kingdom’s regional and international competitiveness in technology and innovation.