![]() ![]() In 2020, the company announced that its Azure AI customers can use AI to caption images. Microsoft has already introduced some AI features into its software: Microsoft Editor uses AI to correct writing tone, offer concise alternatives to sentences and generate summaries of long pieces of text, features that could be improved using ChatGPT’s technology. “Implementing ChatGPT and artificial intelligence will really put gasoline in the growth engine on the consumer side.” “Microsoft's weak spot is on the consumer, and that’s where Google thrives,” Ives says. Google offers its Workspace tools for competitive pricing, which ranges between $6 and $18 per user per month (in 2022, Google discontinued Workspace’s free edition for businesses). Office 365, which consists of collaborative versions of Word, Excel, Outlook and other productivity apps, had 54.1 million consumer subscribers and more than 300 million paid commercial subscribers in 2021, who pay between $6 and $22 per user per month based on different plans. In 2021, Google Workspace had seven million paying subscribers, far lower than Office 365 paying customer base. Google Workspace which encompasses collaborative tools like Google Drive, Docs, Meet, Slides and more had 3 billion users in 2021 – a statistic that includes unpaid subscribers as well as businesses. “I think ChatGPT would be the silver bullet that could change the paradigm between Google Docs and Microsoft Word.”ĭan Ives, tech analyst at Wedbush Securities Microsoft is now reportedly in talks to invest $10 billion in the hot AI startup. In 2019, the Seattle-based tech giant invested $1 billion in OpenAI, became the AI research and development lab’s exclusive cloud provider and obtained an exclusive license to use and commercialize OpenAI’s GPT-3 technology. Along with bringing ChatGPT to its consumer-facing products, Microsoft announced this week that it will also be implementing OpenAI’s technology in Microsoft’s cloud computing platform Azure OpenAI Service, which will allow paying customers to access advanced AI models including GPT-3.5, the large language model underlying ChatGPT, and Dall E 2, the image generator.
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