Microsoft (MSFT) launched a $30 per month premium edition of its Microsoft 365 programme that was driven by artificial intelligence (AI). Additionally, it is expanding its AI applications through collaborations.
The artificial intelligence (AI) model Llama will be made available for commercial usage by tech titans Microsoft (MSFT) and Meta (META), the firms said on Tuesday. Microsoft is also extending its collaboration with Teladoc (TDOC), which aids in the production of clinical documentation.
Main Points
- Microsoft also announced a premium 365 subscription service using generative AI that would cost users an extra $30 per month.
- Microsoft said it was partnering with Meta to offer AI model Llama for commercial use on the Azure platform.
- Teladoc is expanding its partnership with Microsoft to record patient visits with AI technology.
- Shares of Microsoft, Meta, and Teladoc gained on Tuesday following the news.
Subscribe to AI? What’s the Process?
Users of Microsoft corporate software may subscribe to Microsoft Copilot, a more expensive version of its 365 service, for $30 per month. Large language models are used by Microsoft Copilot, which was first introduced in March, to interpret data in Microsoft 365 apps.
For its corporate clients, Microsoft also unveiled the generative AI-powered Bing Enterprise Chat. While this technology may be used for activities like copywriting and real-time transcription, a Copilot membership would provide your company access to these features in addition to many more.
Those AI-Teams
Businesses will be able to create apps utilizing generative AI technologies thanks to the Microsoft and Meta partnership. CEO Meta The Llama 2 model, which was previously exclusively accessible to a select group of researchers for study, will now also be available for download through services like Amazon Web Services, according to Mark Zuckerberg.
Separately, Teladoc Health announced it will deepen its collaboration with Microsoft to automate medical records and relieve staff burden.
Microsoft’s Nuance Dragon Ambient experience, a voice-enabled AI system, will be integrated by Teladoc utilizing GPT4. The decision was made as Microsoft, Meta, and other tech companies race to release a wide range of AI-powered products.
In response to the announcement, Microsoft shares increased by more than 5% during intraday trade on Tuesday. Teladoc shares increased by 1.6%, while Meta shares increased by 0.7%.
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