(Reuters) – Microsoft (NASDAQ:) unveiled a new chat service on Wednesday that allows businesses to utilize on-demand AI agents for everyday tasks. The company is banking on the pay-as-you-go model to increase the adoption of this technology.
The service, named Copilot Chat, utilizes OpenAI’s GPT-4 and enables users to create AI agents using natural languages like English and Mandarin for various tasks such as market research, drafting strategy documents, and preparing for meetings.
Additional features such as summarizing and transcribing Teams calls, as well as creating PowerPoint slides, are available with a $30 monthly subscription to Microsoft 365 Copilot.
Microsoft, along with other tech giants, is facing pressure to demonstrate returns on its significant investments in AI. The company is expected to invest around $80 billion in data centers and AI infrastructure during the current fiscal year.
Following a Gartner report last year that raised concerns about Copilot’s adoption, Microsoft has been actively promoting its usage.
In November, Microsoft introduced the ability for customers to create autonomous agents that require minimal human intervention, a move that some analysts believe could offer tech companies a more straightforward path to monetization.