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Subscribe to AI for Microsoft 365 on Microsoft Exchanges

Microsoft CEO Satya Nadella speaks during an interview in Redmond, Washington on March 15, 2023.

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Microsoft shares rose more than 5% on Tuesday after the company announced a new AI subscription service for Microsoft 365 that will charge users an extra $30 a month to use generative artificial intelligence with tools like Teams, Excel and Word.

Adding a subscription to Copilot, the generative AI assistant that runs in Microsoft 365 apps, should reportedly cost enterprise users an extra 50% or more per month. Copilot’s capabilities reportedly include summarizing meetings, analyzing spreadsheet data, and developing presentations, but the tool is currently in early testing and not yet available to the public.

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These updates come as tech giants such as Microsoft, Google, IBM and others heat up to offer generative AI tools to consumers.

On Tuesday, the company also announced a major update to Bing Chat, its AI chatbot: visual search. Users can now take or upload a photo to Bing Chat and request more information about it via the desktop or Bing apps.

This is breaking news; please check for updates

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