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Microsoft buys AI speech tech company Nuance for $19.7 billion

Microsoft has agreed to purchase speech recognition and artificial intelligence specialist Nuance in a bid to strengthen its cloud and AI-based healthcare business. Microsoft said the all-cash deal is valued at $19.7 billion, or $56 per share – representing a 23 percent premium over Nuance’s most recent closing price. Once complete, it’ll be Microsoft’s second-largest […]

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Apple drops Pro Display XDR in the UK

Apple has changed how it markets the Pro Display XDR in the United Kingdom following complaints to an advertising regulator, with it no longer using the words “Far beyond HDR” to describe the screen. Apple’s Pro Display XDR is an impressively powerful monitor, capable of displaying HDR10 content as well as Dolby Vision and HLG […]

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NVIDIA’s first datacenter CPU, is another major threat to Intel

Nvidia Corp. is stepping up its artificial-intelligence competition with Intel Corp. and Advanced Micro Devices Inc. by introducing a new central processing unit to crunch reams of data, with technology based on its acquisition target Arm Holdings PLC. Nvidia Chief Executive Jensen Huang on Monday introduced the new technology, dubbed Grace, in the keynote address […]

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Lawsuit against Amazon alleging it failed to protect workers from COVID-19 moved back to NY state court

A federal judge has granted the New York attorney general’s request to move a lawsuit against Amazon back to New York state court. AG Letitia James’ lawsuit alleges that the ecommerce giant failed to protect workers at its Brooklyn and Staten Island warehouses from COVID-19 during the early months of the pandemic, and retaliated against […]