Microsoft debuts new Copilot software, touts AI growth at Ignite Conference
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Microsoft (MSFT) let fly a deluge of updates to its cloud and artificial intelligence services during its Ignite conference in Chicago on Tuesday. The tech giant showed off a number of improvements to its Microsoft 365 Copilot platform, including new AI agents; said that it’s previewing the use of Nvidia’s (NVDA) Blackwell GB200-powered AI servers; and announced a slew of security upgrades for its systems.
Shares of Microsoft were flat immediately following the announcements.
The software behemoth also touted its customer growth in the AI space. Microsoft chief communications officer Frank Shaw noted in a statement that “nearly 70% of the Fortune 500 now use Microsoft 365 Copilot.” Microsoft, like its Big Tech rivals, is pouring billions of dollars into expanding its AI capabilities, and Wall Street is eager to see those investments pay off.
Microsoft’s latest AI updates include what it calls Copilot Actions. Available in private preview, the feature can do things like provide users with summaries of their daily meetings or, more importantly, summaries of all the emails and notes they received while away on vacation. Doing away with the daylong pain of catching up on emails alone might just make Copilot Actions worthwhile.
Microsoft is also going all in on AI agents. Think of AI agents as a more advanced version of an AI chatbot. Where chatbots can only respond to user prompts with text, AI agents are designed to perform automated tasks like taking meeting notes or, on the more advanced side, help companies process customer proposals and requests.
New AI agents include Interpreter for Teams, which will translate voice conversations in real time with the option to simulate the sound of your voice, and Employee Self-Service Agent, which is meant to help workers find important answers to questions about HR or IT issues.
The Windows maker also showed off its Azure AI Foundry software development kit (SDK), which is meant to help companies build and manage their own AI apps and agents, and the Azure AI Foundry Agent Service, which allows developers to put together AI agents to automate different business processes.
In addition to software, Microsoft is making hardware moves with the debut of its Microsoft 365 Link. A small PC designed to access Microsoft’s cloud services, the Link will be available in April 2025 for $359. The company also said it’s previewing the use of Nvidia’s (NVDA) GB200 servers to provide customers with access to AI-optimized virtual machines and cloud-based computers that users can use to perform AI training and inferencing.
