Microsoft buys Nuance for $16 billion in a major push into health care AI


Nuance is a chief in healthcare synthetic intelligence. Paired with the Microsoft Cloud for Healthcare, launched in 2020, Microsoft might make a huge push into the health care software program enterprise.

The deal represents the second-largest acquisition by Microsoft, behind LinkedIn.

“AI is technology’s most important priority, and healthcare is its most urgent application,” stated Microsoft CEO Satya Nadella in a assertion. “Together, with our partner ecosystem, we will put advanced AI solutions into the hands of professionals everywhere to drive better decision-making and create more meaningful connections, as we accelerate growth of Microsoft Cloud in Healthcare and Nuance.”

Mark Benjamin will stay CEO of Nuance, the businesses introduced.

Microsoft has been constructing a foothold in AI expertise. In September, it acquired an unique license for GPT-3, a language mannequin created by OpenAI, that generates human-like textual content. Elon Musk — who co-founded OpenAI in 2015 — criticized the move, saying, “This does seem like the opposite of open. OpenAI is essentially captured by Microsoft.”
Nuance’s expertise has been utilized by Walgreens to help schedule Covid-19 vaccine appointments and by the Industrial Bank of Korea, which used it “to create the banking industry’s first biometrics solution for video calls.”

— NCS Business’ Rob McLean contributed to this report.



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