The company hasn’t set a release date for Copilot, but Wall Street reacted enthusiastically to its aggressive pricing, pushing the stock about 4% higher on Tuesday.
“Employees are looking to use AI tools to help them unlock creativity and productivity at work — 70% say they would delegate as much work as possible to AI according to our Work Trend Index,” Microsoft wrote in a news release.
Microsoft is jumping another hurdle in the race to deliver AI with the likes of Google, IBM and others chasing the evolving technology. Microsoft also announced an updated to its AI chatbot, Bing Chatbot, that allows for visual search.