Microsoft Acquires AI Speech Recognition Firm Nuance in $19.7 Billion Deal to Boost Cloud Healthcare Business

Source:- Microsoft is to acquire artificial intelligence and cloud computing company Nuance for $19.7 billion (roughly Rs. 1,47,900 crores), bolstering its healthcare presence with a leader in voice recognition technology. Nuance’s technology includes a conversational AI tool versed in specialised medical terms, freeing physicians from note-taking, and allowing better patient-physician interactions in person or in the telemedicine appointments that have taken off during the pandemic, executives said. Nuance’s programme “has completely redefined clinical documentation by capturing and contextualising every words

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