Microsoft on Thursday announced a new plan to make artificial intelligence (AI) more accessible to all. After the announcement, Microsoft’s share price rose about 4 percent. According to a Reuters report, the technology company is coming up with a new artificial intelligence feature called ‘Copilot’ for their Microsoft Office 365. Which will run on popular programs like Word, Excel, PowerPoint, and Outlook. In addition to this feature of Copilot, Microsoft has also displayed a new ‘Business Chat’ feature. Which is able to do different tasks by collecting data from different applications based on the user’s command.

Initially, the copilot tool will be tested by about 20 organizations. According to Microsoft data, it will help users create content quickly with various suggestions. Which will save them a lot of time. Microsoft CEO Satya Nadella said during an online presentation, “We think that this new era of artificial intelligence will lead us to a new level of productivity growth. ‘

This month has seen a series of developments in artificial intelligence startups. All kinds of small and big companies are in a kind of competition. They are trying to come up with software that can completely change the way people work. Microsoft, OpenAI, the creator of ChatGPT, has invested a huge amount of money. As a result, they are already far ahead in this competition. Google’s parent company Alphabet Inc. is also at the forefront of this competition.

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Both Microsoft and Google are quite close to the capabilities and features of artificial intelligence displayed. This month, Google showcased an artificial intelligence feature for Gmail and a ‘Magic World’ feature for its word processor.

Large language models such as ChatGPT are able to learn from data obtained in the past and create new content. Because of this technology is developing more rapidly. OpenAI recently released a more advanced version of their GPT, known as GPT-4. Microsoft’s new copilot feature is partly built on this new model. According to Microsoft, it is made up of the old GPT-3.5 model and various business and application data.

According to RBC analyst Rishi Jaluriya, Microsoft’s new ability will likely attract many more businesses here and which could slow down the rate of revenue growth. He believes that the Copilot feature will increase the use of Microsoft Office. As well as this can create a big gap between Microsoft and its competitors.

One of Microsoft’s main updates was for Excel. The company also said that now anyone can use the mathematical aspects of this spreadsheet software through simple text commands. That is, artificial intelligence can solve any kind of mathematical problem for you, depending on the simple text instructions you give. To do that, a trained analyst may have been needed before.

On the other hand, like Google’s Live Note feature, Microsoft’s Copilot can also provide a real-time summary of meetings during virtual meetings.

Large language models require a significant amount of computing power and cost. Copilot produced a summary during an interview with Microsoft’s corporate vice president John Friedman with Reuters. Microsoft is working to reduce costs and develop the speed and accuracy of its language models. However, Microsoft has not yet revealed the price or ‘stratification’ of the copilot system.

According to Friedman, Microsoft is building these models in such a way that they are economically stable.

Friedman said Microsoft will make some adjustments to it before the technology is widely opened to everyone. The copilot is being tested with some customers in advance to make sure that the answers are correct. He also mentioned that “one of the amazing things about big language models is that they are very confident and make various mistakes. ‘

John Friedman described Microsoft’s new ‘Business Chat’ as the biggest advance. That’s because it can handle tasks across different applications. For example, if a user says to it, ‘Tell everyone on my team how we’ve updated our product-related strategy’, artificial intelligence will answer that by analyzing all the e-mails, meetings, and chat threads. John Friedman believes that people often have to adapt to the machines and systems they have made themselves. But the goal is to create technology that will start to adapt to people.