Ever since Microsoft partnered with OpenAI, many wondered how much the apps would cost and now we finally have the answer – at least for business users.
Microsoft 365 Copilot, a suite of tools using GPT-4 to handle most office time sinks like generating decks, emails and summaries based on spreadsheets, will soon be available for $30 per user per month for business accounts.
With Microsoft 365 Copilot enabled, workers can handle a lot more tasks even without specific knowledge of classic software like Microsoft Word, Excel or Outlook.
Using natural language and prompts like you use in the freely available ChatGPT and similar generative AI apps, you can ask Microsoft 365 copilot to write a summary based on a spreadsheet, transform a Word document into a PowerPoint presentation or compose an email in Outlook.
By grounding answers in business data like your documents, emails, calendar, chats, meetings and contacts, and combining them with your working context — the meeting you’re in now, the emails you’ve exchanged on a topic, the chats you had last week — Copilot delivers richer, more relevant and more actionable responses to your questions,” Frank X. Shaw, Microsoft’s Chief Communications Officer, said in an announcement.
Alongside the announcement of the Microsoft 365 pricing, which happened at a Microsoft Inspire partner event, the company also announced the launch of Bing Chat Enterprise.
Just like with Microsoft Copilot, where the company has repeatedly communicated that the business data handled and generated is private and secure, Bing Chat Enterprise also emphasizes those aspects – and says company data won’t be used to train their LLMs (large language models).
“Bing Chat Enterprise gives your organization AI-powered chat for work with commercial data protection. With Bing Chat Enterprise, user and business data are protected and will not leak outside the organization. What goes in — and comes out — remains protected. Chat data is not saved, and Microsoft has no eyes-on access – which means no one can view your data. And, your data is not used to train the models. Whether researching industry insights, analyzing data, or looking for inspiration, Bing Chat Enterprise gives people access to better answers, greater efficiency and new ways to be creative,” wrote Microsoft on their blog.
Bing Chat Enterprise has already started rolling out for no additional fees to Microsoft 365 E3, E5, Business Standard and Business Premium company customers. The company also plans to launch it as a standalone product for $5 per month per user.