https://techcrunch.com/2021/04/13/expect-an-even-hotter-ai-venture-capital-market-in-the-wake-of-the-microsoft-nuance-deal/

Microsoft’s huge purchase of healthtech AI company Nuance led the technology news cycle this week. The $19.7 billion transaction is Microsoft’s second-largest to date, only beaten by its purchase of LinkedIn some years ago.

For the AI space, the sale is a coup. Nuance was already a public company, but to see Microsoft offer a firm premium over its public-market value demonstrates the value that AI technology can have to wealthy companies. For startups working in the AI space, the Nuance deal is good news; the value of AI revenue was repriced by the acquisition’s announcement — and for the better.