Microsoft continues to make strides in incorporating artificial intelligence (AI) tools into their Microsoft 365 suite, focusing on privacy and convenience for users. With the introduction of Bing Chat Enterprise, Microsoft emphasizes the protection of AI-powered chat data, ensuring it remains within the organization and inaccessible to outsiders.
One of the key selling points of Bing Chat Enterprise is the price. Users with Microsoft 365 E3, E5, Business Standard, and Business Premium plans can enjoy Bing Chat Enterprise at no additional cost. In the future, it will also be available as a stand-alone product for a monthly fee of $5.
In response to Google’s advancements, Microsoft is also rolling out multimodal capabilities with the integration of Visual Search into Bing Chat. This feature allows users to search for items using images from within the chat.
The rise of AI chatbots, such as ChatGPT, has led to their inclusion in various applications. These chatbots have proven helpful in coding assistance, college applications, dating apps, and even powering sex toys. In the business and enterprise arena, AI could become a powerful tool. Google is already testing its Duet AI for Google Workspace, which leverages AI to enhance productivity in Gmail and Docs.
According to Verified Market Research, the enterprise AI market is projected to reach $88 billion by 2030. Given this significant growth, it is no surprise that companies are investing in AI technologies.
Bing Chat Enterprise is not Microsoft’s first venture into the realm of AI. The company has already made significant investments in OpenAI, the creator of ChatGPT, and integrated its technology into Bing. Microsoft has also brought AI-powered Bing into Edge, positioning it as a web copilot. In addition, Microsoft introduced Microsoft 365 Copilot, incorporating language models similar to ChatGPT into Office applications.
Although still in the early access stage, Microsoft has indicated that 365 Copilot will be available for $30 per user per month for E3, E5, Business Standard, and Business Premium customers when it becomes widely accessible.
By adhering to privacy concerns and consistently improving user experience, Microsoft aims to offer competitive AI solutions within its Microsoft 365 suite. With the increasing adoption of AI across industries, companies must keep pace with advancements to remain relevant and provide value to their users.
