Observed Signal · Jul 19, 2023 · Product Launch · Source: Trending Topics · Impact: 4/5 · Sentiment: Positive
Microsoft to Charge $30/Month for Office AI Copilot Features
At its Inspire conference, Microsoft announced pricing for Microsoft 365 Copilot, its AI assistant for Word, Excel, PowerPoint, Outlook, and Teams. The features, powered by OpenAI's GPT-4 large language model, will cost existing Microsoft 365 E3, E5, Business Standard, and Business Premium customers an additional $30 per user per month. Microsoft said Copilot combines business data such as documents, emails, calendar, chats, meetings, and contacts to deliver more contextual and actionable responses. Following the announcement, Microsoft's share price rose by up to six percent, adding roughly $160 billion to the company's market value. Microsoft also confirmed an AI partnership with Meta as part of its Inspire announcements.
Major platform (Microsoft) sets the commercial benchmark for enterprise AI assistants in its ubiquitous Office suite, signaling how AI features will be monetized across business software and directly impacting AI adoption in marketing, media, and business workflows.
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Key Takeaways & Evidence Grounding
- Microsoft announced that Microsoft 365 Copilot will cost $30 per user per month as an add-on.
- The AI features are based on OpenAI's GPT-4 large language model.
- Copilot will be available as an upgrade for Microsoft 365 E3, E5, Business Standard, and Business Premium customers.
- The announcement was made at Microsoft's Inspire conference in July 2023.
- Microsoft's stock rose up to 6%, increasing the company's market value by nearly $160 billion.
Connected Companies & Entities
3 Entities mapped“Microsoft hat im Rahmen der Inspire-Konferenz das Pricing für seine neuen AI-Features bekannt gegeben....”
“In der Nacht auf Mittwoch kletterte der Aktienkurs von Microsoft gleich nach den Ankündigungen, die auch eine AI-Partnerschaft mit Meta umfa...”
“Denn Microsoft hat im Rahmen der Inspire-Konferenz das Pricing für seine neuen AI-Features, die stark auf OpenAI und seinem LLM GPT-4 basier...”
Ontology Mapping & Concepts
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Outlook to Block MSIX Files as Email Attachments
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