As many businesses remain cautious about spending on conversational artificial intelligence, AI providers such as Microsoft (MSFT), OpenAI and Google (GOOGL) are racing to make the technology more of a must-have by introducing new features that can handle complex tasks with little guidance from the customer, The Information’s Aaron Holmes reports. Microsoft, for instance, is making software to automate multiple actions such as creating, sending and tracking a client invoice based on their order history or rewriting an application’s code in a different language and verifying that it works as intended, according to employees. The new software, which OpenAI technology will power, will improve upon Microsoft’s current suite of Copilots, the author says.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MSFT:
- Take-Two (NASDAQ:TTWO) Is Slashing Headcount by 5%
- Microsoft price target raised to $480 from $460 at Wells Fargo
- Microsoft investment in G42 shows commitment to ‘responsible AI,’ says Macquarie
- Microsoft (NASDAQ:MSFT) Takes Minority Stake in UAE’s Top AI Firm
- Microsoft to invest $1.5B in group G42, Financial Times reports