Microsoft stock pops after it announces $30 per month A.I. subscription for Microsoft 365

Microsoft
shares rose as much as 5.8% Tuesday after the company announced a new artificial intelligence subscription service for Microsoft 365. The company will charge users an additional $30 per month for the use of generative AI with tools such as Teams, Excel and Word.

Adding on the subscription to Copilot, a generative AI assistant that works across Microsoft 365 programs, could increase monthly prices for enterprise customers as much as 83%. Copilot’s capabilities include ranking incoming emails, summarizing meetings, analyzing spreadsheet data, offering writing prompts and designing presentations, according to Microsoft.

The updates come as the race to offer consumer-driven generative AI tools heats up among tech giants such as Microsoft, Google, IBM
and more.

https://www.cnbc.com/2023/07/18/microsoft-stock-pops-on-ai-subscription-for-microsoft-365.html

I’m imagining the stupid clippy telling you “you can make me smarter with just $30/m” /s

h/t mauros_lykos