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Microsoft Expands AI Capabilities with $30 Monthly Business Chat Assistant for Copilot Users

18 September 2024

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Zaker Adham

Summary

Microsoft is continuing to enhance its AI-driven offerings, this time by adding more features to its Copilot assistant, which aims to improve productivity for business users. Among these upgrades is the introduction of Business Chat (BizChat), a powerful tool designed to help users leverage AI across various Microsoft 365 applications. Priced at $30 per user per month, BizChat offers intelligent insights by integrating data from emails, documents, calendars, and other business tools.

This update is part of Microsoft's broader push to integrate AI into its core products, allowing companies to streamline operations. According to Microsoft CEO Satya Nadella, almost half of the Fortune 500 companies are already using Copilot, underscoring its growing adoption. Big names like Amgen, BP, Cognizant, Koch Industries, and Nvidia have reportedly purchased over 10,000 Copilot seats, reflecting its impact on business workflows.

One of the standout features added to Copilot is Python code generation in Excel, making advanced analytics accessible to everyone, even those without coding skills. By simply asking questions in natural language, users can create predictive models, heat maps, and word clouds with ease. This feature enables businesses to make data-driven decisions more efficiently.

Another exciting development is the upcoming Copilot feature for Outlook, called "Prioritize My Inbox." This tool will help users manage their inbox more effectively by surfacing the most important messages based on the context of their role and prior communications. The feature is expected to enter public preview later this year.

As for BizChat, this AI-powered assistant integrates seamlessly with Microsoft Graph and other business applications to provide intelligent insights. It helps users find documents, emails, and other content, even from files they might have forgotten. Additionally, Copilot Pages allows users to collaborate on AI-generated content in real-time using Microsoft Word, making it easier for teams to work together.

With these new features, Microsoft continues to solidify its position as a leader in AI for business productivity, bringing the power of automation and data analytics to everyday workflows.