Microsoft 365 adds ChatGPT, a generative AI-focused application, to its business productivity platform. This particular technology excels in conversational AI and is set to benefit businesses of all types.
Copilot, a set of A.I.-driven features released by the tech and enterprise giant, is now included in some key apps businesses use, such as Microsoft Word, PowerPoint, and Excel. The company made the announcement Thursday.
Copilot technology relates to Artificial Intelligence, the Large Language Model, which has been developed to be more effective in comprehending and replying to a text. Recent advancements in the capabilities of LLMs have become especially prominent.
The tech industry has become increasingly intrigued by the buzz surrounding generative AI, leading to a surge in the popularity of deep learning models (LLMs). These LLMs can take in various input forms, including written prompts, allowing people to converse with AI in chat programs and generate visuals.
CEO Microsoft In a statement, Satya Nadella, CEO of Microsoft, says”
“Today marks the next major step in the evolution of how we interact with computing, which will fundamentally change the way we work and unlock a new wave of productivity growth,”
“With our new copilot for work, we’re giving people more agency and making technology more accessible through the most universal interface — natural language.”
Microsoft 365’s new Copilot feature is more powerfully more ambitious than just OpenAI chatbot’s embedment; This feature will give people a first-draft outline to alter and renovate — thus, leading to hours-long savings when writing, locating, and refining.
Microsoft recently unveiled which sometimes provides inaccurate answers. Although the tech giant entered specifying that “sometimes Copilot will be correct, and other times usefully incorrect,” recent examples have resulted in dialogue containing factual errors.
Microsoft executives demonstrated some of the capabilities of its Copilot tool on Thursday during an online presentation.
Microsoft recently launched new applications with features to enable family members and business leaders to create celebration plans, PowerPoint slides, emails, and business proposals, while creating compelling visuals using imagery spooled from the person’s Microsoft OneDrive storage account.
Copilot can scrutinize and push forth tasks determined by the Microsoft Graph – featuring emails, meetings, chats, and calendar notes – within its purview. According to Jared Spataro – Microsoft Corporation’s vice president for modern work & business applications – this newfound capability easily brings alive the prospect.
The data from Microsoft Graph assists Copilot in creating better and more detailed replies tailored to the individual, thanks to its underlying big language model.
In the upcoming months, Microsoft will be rolling out its AI-driven copilot feature within the productivity apps of Word, Excel, PowerPoint, Outlook, Teams, Viva, and Power Platform. Details regarding price have yet to be divulged.
Microsoft is testing its Copilot software with a small group of customers―eight Fortune 500 companies included, Seeking feedback to enhance their models and then scale the program, they said. A Microsoft spokesperson informed us that it’s currently being tested with 20 customers.
Copilot, Microsoft’s chief scientist and technical fellow, Jaime Teevan, reported that numerous privacy reviews had been carried out satisfactorily and that some preventive processes have been set in motion in the scenario of potential software misuse.
Teevan says:
“Gets things wrong or has biases or is misused.”
“We’re going to make mistakes, but when we do, we’ll address them quickly,”
Much of the enthusiasm concerning generative AI is mainly due to the unorthodox success of ChatGPT, a tool that OpenAI – backed by Microsoft- released in late November.
Microsoft had secured a multiyear, multibillion-dollar investment package for OpenAI in January without disclosing the exact amount.
Microsoft introduced a new version of its Bing search engine that features its chatbot, ultimately powered by OpenAI’s GPT-4 language technology.
GPT-4 was unveiled by OpenAI this week, showcasing it as an advancement over the previous version, GPT-3. Advertised as able to generate more accurate and inventive responses, the technology has been widely acclaimed.
This integration also represents a significant step forward in Microsoft’s commitment to incorporating AI into its products and services. As AI technology continues to develop and become more prevalent, it’s clear that Microsoft is positioning itself as a leader in the space.
Integrating OpenAI’s GPT-3 technology into Word and Excel is a game-changer for individuals and businesses who rely on these applications. It’s an exciting time for the future of AI-powered productivity tools, and we can expect to see even more innovative developments.
Source: CNBC
