Microsoft is gearing up to launch its Microsoft 365 Copilot, an AI tool integrated with OpenAI’s ChatGPT, on November 1st. Aimed at enhancing the user experience within Office applications, the tool’s pricing and features have been unveiled, shedding light on Microsoft’s strategy in the competitive AI market.
- Microsoft 365 Copilot will launch on November 1.
- The tool integrates OpenAI’s ChatGPT into Office applications.
- Pricing is set at $30 per user per month for specific customer tiers.
- Microsoft emphasizes privacy, stating AI-powered chat data is protected and won’t be used for model training.
- Bing Chat is also being introduced to Microsoft 365 enterprise users.
- Visual Search will be integrated into Bing Chat, allowing image-based searches.
Expanding the AI Horizon in Office Applications
Microsoft’s integration of the large language model tech from OpenAI’s ChatGPT into its Office applications signals a significant move in the tech giant’s AI strategy. While the tool is still in its early access phase, Microsoft has announced that 365 Copilot will be priced at $30 per user per month for E3, E5, Business Standard, and Business Premium Customers once it becomes widely available.
Bing Chat: A New Addition
Alongside the Copilot announcement, Microsoft also introduced Bing Chat for its 365 enterprise users. This feature is set to be available at no additional cost for Microsoft 365 E3, E5, Business Standard, and Business Premium users. In the future, Bing Chat will also be available as a standalone product priced at $5 per month.
Emphasis on Privacy
In an era where data privacy is paramount, Microsoft is taking steps to ensure user trust. The company has highlighted that AI-powered chat data remains protected and won’t be used to train AI models. “Chat data is not saved, and Microsoft has no eyes-on access,” the company stated in a recent blog post.
The Broader AI Landscape
The introduction of tools like Microsoft 365 Copilot and Bing Chat comes at a time when AI’s role in business and enterprise applications is expanding rapidly. With the launch of ChatGPT last year, there’s been a surge in its application across various platforms, from coding assistance to dating apps. The enterprise AI market alone is projected to reach a staggering $88 billion by 2030, as per Verified Market Research.
Given this backdrop, Microsoft’s latest offerings reflect its commitment to staying at the forefront of AI integration in business applications. As AI continues to shape the future of work, tools like Microsoft 365 Copilot could play a pivotal role in enhancing productivity and streamlining tasks.
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First published on Livy AI