Microsoft Bets Big on AI with $13B OpenAI Investment and New Copilot Tools to Boost Productivity Across Industries
-
Microsoft moved quickly to invest in AI, including $13B in OpenAI and integrating AI across products and services like Copilot to boost productivity.
-
Copilot for code writing has seen huge success, with over 40% of Fortune 100 companies using it and developers 55% faster with it.
-
Microsoft developed Copilot for Microsoft 365 to help with creativity, data analysis, presentations, email, and more. Early results show 70%+ productivity gains.
-
New industry-specific Copilots launched, like for sales, service, and finance to streamline processes and unlock creativity in those areas.
-
Mass adoption of Copilot could drive cloud revenue growth, which was 30% last quarter, up 6 points from AI demand. Total AI opportunity seen at over $25B-$100B.