Microsoft’s AI Chat: A New Player in the Enterprise Arena
Microsoft is making waves in the enterprise sector with the introduction of Bing AI Chat. This isn’t your run-of-the-mill chatbot. It’s a powerhouse of artificial intelligence, now available to Microsoft 365 enterprise users in a preview form.
Privacy: The New Luxury Good
In an era where data is the new oil, Microsoft is positioning privacy as the new luxury. The company assures that the AI-powered chat data is secure and won’t seep out of your organization. The chat data isn’t stored, and Microsoft doesn’t have any access to it. In other words, your data isn’t being used to train the models. It’s like having a conversation in a soundproof room – what’s said in the room, stays in the room.
The Price Tag: A Sweet Deal
The price of Bing Chat Enterprise is another feather in Microsoft’s cap. If you’re a Microsoft 365 E3, E5, Business Standard, or Business Premium user, you’ll get Bing Chat Enterprise without any extra charge. In the future, it will be available as a stand-alone product for a reasonable $5 per month.
The AI Arms Race: Microsoft vs Google
Microsoft isn’t just sitting back and watching Google take the lead in AI. The tech giant is rolling out multimodal capabilities, introducing Visual Search to Bing Chat. This means you can use images in Bing Chat to search for things. It’s like having a visual dictionary at your fingertips.
The AI Revolution in Enterprise
The launch of ChatGPT late last year sparked a frenzy in the tech world. This AI chatbot can answer almost any question with a unique response, and it’s being used across multiple applications. From coding assistance to college applications and even dating apps, AI chatbots are becoming ubiquitous. The enterprise AI market is expected to hit $88 billion by 2030, and it’s no surprise that companies are bullish in this space.
Microsoft’s Love Affair with AI
Microsoft’s foray into AI isn’t new. The company was quick to invest in OpenAI, the creator of ChatGPT, and integrate its tech into Bing. Microsoft also introduced its AI-powered Bing into Edge, dubbing it a copilot for the web. It also launched Microsoft 365 Copilot, incorporating the same large language model tech from ChatGPT into Office applications.
While it’s still in early access, Microsoft has announced that 365 Copilot will cost $30 per user per month for E3, E5, Business Standard, and Business Premium Customers when it becomes broadly available.
Source: Microsoft
