Microsoft to Let Clients Build AI Agents for Routine Tasks from November

General view of Microsoft Corporation headquarters at Issy-les-Moulineaux, near Paris, France, April 18, 2016. REUTERS/Charles Platiau/File Photo
General view of Microsoft Corporation headquarters at Issy-les-Moulineaux, near Paris, France, April 18, 2016. REUTERS/Charles Platiau/File Photo
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Microsoft to Let Clients Build AI Agents for Routine Tasks from November

General view of Microsoft Corporation headquarters at Issy-les-Moulineaux, near Paris, France, April 18, 2016. REUTERS/Charles Platiau/File Photo
General view of Microsoft Corporation headquarters at Issy-les-Moulineaux, near Paris, France, April 18, 2016. REUTERS/Charles Platiau/File Photo

Microsoft will allow its customers to build autonomous artificial intelligence agents from next month, in its latest push to tap the booming technology amid growing investor scrutiny of its hefty AI investments.
The company is positioning autonomous agents - programs that need little human intervention unlike chatbots - as "apps for an AI-driven world" that can handle client queries, identify sales leads and manage inventory, Reuters said.
Other big technology companies such as Salesforce have also touted the potential of such agents, tools that some analysts say could provide companies with an easier path to monetizing the billions of dollars they are pouring into AI.
Microsoft said its customers can use Copilot Studio - an application that requires little knowledge of computer code - to create such agents in public preview from November. It is using several AI models developed in-house and by OpenAI for the agents.
The company is also introducing 10 ready-for-use agents that can help with routine tasks ranging from managing supply chain to expense tracking and client communications.
In a demo, McKinsey & Co, which had early access to the tools, created an agent that can manage client inquires by checking interaction history, identifying the consultant for the task and scheduling a follow-up meeting.
"The idea is that Copilot (the company's chatbot) is the user interface for AI," Charles Lamanna, corporate vice president of business and industry Copilot at Microsoft, told Reuters.
"Every employee will have a Copilot, their personalized AI agent, and then they will use that Copilot to interface and interact with the sea of AI agents that will be out there."
Tech giants are facing pressure to show returns on their big AI investments. Microsoft's shares fell 2.8% in the September quarter, underperforming the S&P 500, but remain more than 10% higher for the year.
Some concerns have risen in recent months about the pace of Copilot adoption, with research firm Gartner saying in August its survey of 152 IT organizations showed the vast majority had not progressed their Copilot initiatives past the pilot stage.



EU Lags US and China in AI Investments, Nvidia CEO Says

Words reading "Artificial intelligence AI", miniature of robot and toy hand are pictured in this illustration taken December 14, 2023. (Reuters)
Words reading "Artificial intelligence AI", miniature of robot and toy hand are pictured in this illustration taken December 14, 2023. (Reuters)
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EU Lags US and China in AI Investments, Nvidia CEO Says

Words reading "Artificial intelligence AI", miniature of robot and toy hand are pictured in this illustration taken December 14, 2023. (Reuters)
Words reading "Artificial intelligence AI", miniature of robot and toy hand are pictured in this illustration taken December 14, 2023. (Reuters)

The European Union lags far behind the United States and China in investing in artificial intelligence, the CEO of AI chipmaker Nvidia said on Wednesday.

While there are only a handful of artificial intelligence companies in Europe, such as France's Mistral and Germany's Aleph Alpha, the bloc passed the world's first comprehensive rules to govern AI which came into force in August.

"The EU has to accelerate the progress in AI," Nvidia CEO Jensen Huang said during a visit to Copenhagen. "There's an awakening in every country realizing that the data is a national resource."

Huang was in Denmark to launch a new supercomputer named Gefion, which boasts 1,528 graphic processing units (GPUs) and was built by Nvidia in partnership with the Novo Nordisk Foundation and Denmark's Export and Investment Fund.

Nvidia is the world's top maker of GPUs, which are in high demand because they can be used to speed up artificial intelligence work. OpenAI's ChatGPT, for example, was created with thousands of Nvidia GPUs.

Denmark plans to use the supercomputer for drug discovery, disease diagnosis, treatment and complicated life science challenges.

"The era of computer aided drug discovery must be within this decade," Huang said. "This will be the decade of digital biology."

Nvidia is the second largest listed US company after Apple with a market value of $3.52 trillion.