Microsoft Launches Copilot Chat for Businesses to Boost AI Adoption

FILE PHOTO: A Microsoft logo is pictured on a store in the Manhattan borough of New York City, New York, US, January 25, 2021. REUTERS/Carlo Allegri/File Photo
FILE PHOTO: A Microsoft logo is pictured on a store in the Manhattan borough of New York City, New York, US, January 25, 2021. REUTERS/Carlo Allegri/File Photo
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Microsoft Launches Copilot Chat for Businesses to Boost AI Adoption

FILE PHOTO: A Microsoft logo is pictured on a store in the Manhattan borough of New York City, New York, US, January 25, 2021. REUTERS/Carlo Allegri/File Photo
FILE PHOTO: A Microsoft logo is pictured on a store in the Manhattan borough of New York City, New York, US, January 25, 2021. REUTERS/Carlo Allegri/File Photo

Microsoft on Wednesday rolled out a chat service allowing businesses to use on-demand AI agents for routine tasks, betting on the pay-as-you-go model to drive up the adoption of the technology.

The free service, Copilot Chat, which uses OpenAI's GPT-4, lets users create AI agents using natural languages such as English and Mandarin for tasks such as market research, writing strategy documents and preparing for meetings, Reuters reported.

However, features including summarizing and transcribing Teams calls and creating PowerPoint slides require a $30 monthly Microsoft 365 Copilot subscription.

Microsoft, like other big technology companies, is under pressure to show returns on its hefty investments in AI, as the software giant is set to spend about $80 billion during its current fiscal year on data centers and AI infrastructure.

After a Gartner report last year raised doubts about Copilot's adoption, Microsoft has been pushing its uptake.

In November, Microsoft began allowing customers to create autonomous agents requiring minimal human intervention, a strategy which some analysts say could offer tech companies a simpler path to monetization.



SAMA, Google Sign Agreement to Launch Google Pay in Saudi Arabia

SAMA, Google Sign Agreement to Launch Google Pay in Saudi Arabia
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SAMA, Google Sign Agreement to Launch Google Pay in Saudi Arabia

SAMA, Google Sign Agreement to Launch Google Pay in Saudi Arabia

The Saudi Central Bank (SAMA) and Google have signed an agreement to introduce Google Pay in Saudi Arabia during 2025 through the national payment system mada, according to a press release from SAMA.
This agreement aligns with SAMA’s ongoing efforts to enhance the Kingdom’s digital payments ecosystem as part of Saudi Vision 2030.

According to SPA, it underscores SAMA’s commitment to developing a robust digital payments infrastructure, facilitating the transition to a less cash-dependent society by offering advanced digital payment solutions that meet international standards.
Google Pay will provide users with an advanced and secure method for making purchases in stores, apps, and on the web. Users will also be able to conveniently add and manage their cards within Google Wallet.
This initiative is part of a broader series of solutions aimed at meeting market demands and strengthening Saudi Arabia’s position as a global leader in FinTech.