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Microsoft Shares Jump After Major Copilot AI Overhaul
Microsoft changed its Copilot AI assistant to do more kinds of office work.
The company wants Copilot to become a central place for workplace tasks.
Its new Home feature brings together chats and Microsoft office programs.
A feature called Code can create apps and dashboards from ordinary written instructions.
Autopilot can keep working in the background on repeated tasks.
Microsoft also added a tool to help businesses track how much they spend on AI.
The announcement helped Microsoft’s stock price rise 4%.
Microsoft is making these changes as it competes with ChatGPT and Claude.
Microsoft shares rose 4% to $517.48 on Nasdaq after the company unveiled its largest Copilot redesign.
The overhaul combines Chat, Cowork, Word, Excel, and PowerPoint in Copilot’s new Home experience.
New Code and Autopilot features let users build software with natural-language prompts and automate recurring tasks.
Microsoft introduced FinOps for AI to help corporate customers monitor and manage AI spending.
The rally put Microsoft on track for its first weekly gain in four weeks and lifted its year-to-date performance 6.80%.
- Who
- Microsoft, led by CEO Satya Nadella, announced the Copilot overhaul; investors responded by buying the company’s shares.
- What
- Microsoft unveiled a major redesign of Copilot featuring Home, Code, Autopilot, and FinOps for AI.
- Where
- Microsoft shares rose to $517.48 on Nasdaq.
- When
- The announcement and share-price move occurred on Friday, 25 September; the rollout began that day through Microsoft’s Frontier programme.
- Why
- Microsoft is seeking to increase Copilot adoption, serve corporate customers, manage AI spending, and compete with ChatGPT and Claude.
Key facts
- Share-price move
- +4% to $517.48 on Friday, 25 September.
- Weekly performance
- Microsoft was on track for its first weekly gain in four weeks.
- Recent stock performance
- Shares rose 38% over the previous three months.
- Year-to-date performance
- The rally turned Microsoft’s year-to-date performance positive at 6.80%.
- New Copilot capabilities
- Home, Code, and Autopilot.
- Corporate cost management
- FinOps for AI is designed to help customers understand and manage AI spending.
Quotes
Jared Spataro
Chief marketing officer for Microsoft AI at Work
“FinOps for AI is a shared discipline for managing AI spend and optimizing it for business value”
livemint.com
Sources
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