Shares closed at a record on Tuesday after Microsoft revealed a $30 fee for its monthly Copilot offering, which adds AI capabilities to Microsoft 365.
Analysts are turning more bullish on Microsoft and its artificial intelligence capabilities after the software giant revealed pricing for its A.I. subscription service. Shares closed at a record Tuesday after Microsoft revealed a $30 fee for its monthly Copilot offering, which adds AI capabilities to Microsoft 365. The company also shared a significant update to its Bing AI chatbot and said it would offer Meta Platform's new large language model to Azure customers.
mountain Microsoft shares in 2023 Deutsche Bank's Brad Zelnick, meanwhile, estimates that every 1% penetration of Copilot should lift both revenue and EPS by 1% for Microsoft, and up Office 365 commercial revenue by 3%.
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