Twitter chatbot tay2/18/2024 ![]() Microsoft expects that development to take several years. Several large enterprise customers told UBS analyst Karl Keirstead they would be reluctant to pay for Copilot until it “is truly enterprise-grade and the ROI is proven,” according to the Wall Street Journal As a user of all three applications, I do not see the value in what Copilot would do for them. I am skeptical that companies will be willing to pay for Copilot. Excel users will deploy Copilot to analyze sales data, determine trends and create charts.PowerPoint users will be able to create presentations based on text from a document and add in images.Word users will “highlight a paragraph and the AI can offer different options for a rewritten version of it.”.Through Microsoft 365 Copilot, customers will be able to use natural language to create Word, PowerPoint, and Excel documents. Given that Bing is a mere 10% of the search engine market and accounted for 6% of Microsoft’s total revenue ($12 billion), this was far less important to investors than the March rollout of Chat GPT to Office 365, its main business, according to the Wall Street Journal. According to Bloomberg, Microsoft spent “several hundred million dollars to build a massive supercomputer - linking together thousands of Nvidia graphics processing units made - that trained ChatGPT.”Īs Microsoft continues to build up its Azure cloud technology to handle more sophisticated Generative AI models, Microsoft rolled out a new version Bing in February that uses generative AI to “give direct answers to questions and had a sophisticated chat tool.” According to PitchBook data, OpenAI was forecast to grow its revenue 150% to $200 million in 2022 - and it expects to quintuple that figure to $1 billion in 2024.įollowing a series of flops - Word’s Clippy assistant, Windows taskbar’s Cortana and Twitter chatbot Tay - ChatGPT has delivered a considerable edge for Microsoft in computers that train Generative AI. In 2019, Microsoft invested $1 billion in OpenAI - which in November introduced ChatGPT, “a chatbot that went viral thanks to its ability to craft human-like replies to users’ queries about nearly any topic,” according to CNBC.īy March 2023, Microsoft’s investment in OpenAI had reached $13 billion - helping propel the startup’s valuation to around $29 billion. While investor interest in most technology sectors has waned since the IPO market peaked in 2021, generative AI has remained scorching hot, noted CNBC. These plans cap a three year run for generative AI - technologies focused on producing automated text, visual and audio responses. According to CNBC, these include “its Bing search engine, sales and marketing software, GitHub coding tools, Microsoft 365 productivity bundle and Azure cloud.” Microsoft plans to incorporate ChatGPT into many of its products. How Microsoft Will Incorporate ChatGPT Into Its Products
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