Microsoft Is Reportedly in Talks to Scoop Up AI Firm Nuance Communications for $16 Billion Photo: Jeenah Moon (Getty Images) Microsoft is in advanced talks to acquire Nuance Communications, an artificial intelligence firm whose speech recognition tech helped develop Apple’s Siri virtual assistant, for as much as $16 billion, a source familiar with the matter told Reuters. Advertisement The deal price being negotiated could value Nuance at around $56 per share, the source said, a roughly 23% premium compared to the share’s closing price on Friday. They added that an official announcement may come as soon as Monday. A source that spoke with Bloomberg, which first reported news of a potential deal on Sunday, said that negotiations remain ongoing and cautioned that they could still fall apart.