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Microsoft 365 Copilot adds AI tools

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Copilot Tools

Microsoft is introducing new AI-powered features to its Microsoft 365 productivity suite as part of its Copilot Wave 2 rollout. The company aims to enhance tools like Excel, PowerPoint, Outlook, and Teams with these updates. One of the key additions is Copilot Pages, a collaborative tool that enables teams to access, edit, and manipulate data on a single page using information pulled from Copilot.

This feature allows for real-time collaboration and iteration with the assistance of AI. Microsoft also launched an agent builder feature that helps users create AI-powered agents to automate and execute business processes.

https://twitter.com/Microsoft365/status/1836057601081012506

These agents can function as virtual colleagues in platforms like Teams or Outlook, where they can be mentioned and queried.

The integration of AI into Microsoft’s business software is part of a broader strategy to outpace competitors and monetize its investments in AI technology.

Microsoft introduces Copilot Pages features

Microsoft CEO Satya Nadella highlighted the growing adoption of Copilot, noting a significant increase in usage and the number of daily users.

Companies like Vodafone have already purchased Copilot licenses for their employees, reporting that the software helped workers save an average of three hours per week per person. The new AI features are designed to boost worker efficiency by tracking meeting transcripts, adding references to documents, and more. Microsoft emphasizes the customizable nature of Copilot, which can integrate unique data sources and workflows tailored to the specific needs of diverse companies.

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Despite these advancements, Microsoft’s Intelligent Cloud segment revenue fell slightly short of Wall Street’s expectations, prompting a negative investor reaction. However, the company’s commitment to AI has contributed to a significant rise in its stock price over the past 12 months. As Microsoft continues to refine and enhance Copilot through the integration of new AI models and technologies, it aims to create a seamless, AI-powered workflow that adds substantial value to businesses and individual productivity.

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