Microsoft stock pops after it announces $30 per month A.I. subscription for Microsoft 365
Summary
The company will charge users an additional $30 per month for the use of generative AI with tools such as Teams, Excel and Word. Adding on the subscription to Copilot, a generative AI assistant that works across Microsoft 365 programs, could increase monthly prices for enterprise customers as much as 83%. Copilots capabilities include ranking incoming emails, summarizing meetings, analyzing spreadsheet data, offering writing prompts and designing presentations, according to Microsoft. The updates come as the race to offer consumer-driven generative AI tools heats up among tech giants such as Microsoft, Google, IBM and more. The company also announced a significant update to Bing Chat, its AI chatbot, on Tuesday: visual search.
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