Microsoft adds AI to its office suite

Microsoft Corp. (MSFT) will add next-generation AI to its workplace tools with Microsoft Copilot.

In a release on Thursday, the company mentioned it would test select commercial customers for a rollout to understand better how the program will be received.

Microsoft Copilot

The new ‘Copilot uses large language models (LLMs) with business data and the Microsoft 365 apps. In doing so, it adds creativity while unlocking productivity.

Copilot also works in two ways. The first way helps with simple apps like Word, Excel, PowerPoint, Outlook and Teams as it is embedded in them.

“[The system can] turn your words into the most powerful productivity tool on the planet,” said Jared Spataro, corporate vice president of Modern Work and Business Applications, Microsoft.

Another way is to add the new experience of Business Chat which works across LLM, Microsoft apps, calendars, emails, chats, documents, meetings and more. Using Copilot’s language prompts, Business Chat can generate a status update based on meetings, emails and chat threads.

“It’s enterprise-ready, built on Microsoft’s comprehensive approach to security, compliance, privacy and responsible AI. Copilot marks a new era of computing that will fundamentally transform how we work.”

With a big race underway for AI productivity tools, Google also released a new tool for Google Workspaces. ‘AI Magic Wand’ works to help users create text documents, but it also gives recommendations for different tones based on their write-ups.

Both released AI productivity tools days apart, adding fuel to the competition.

Google (GOOGL) is up on the day, trading at $101.08, while Microsoft (MSFT) is trading at $276.22.

The Market Herald has more articles on Microsoft.