Microsoft (MSFT) Launches Updated Copilot AI App for Office 365 Users

Microsoft (MSFT) has introduced an updated Copilot app aimed at enhancing its competitiveness in the enterprise AI market. With over 450 million existing commercial Office 365 seats, currently less than 7% have licenses for AI features. The new app includes coding abilities and productivity task management, shifting from a subscription model to a usage-based payment system. This update is part of a broader strategy to capture more of the market against growing competition from companies like Anthropic. This matters for investors as Microsoft aims to increase AI tool adoption among Office 365 customers, impacting potential revenue streams.