If you want to use Microsoft's latest technology to create Office documents with the help of artificial intelligence, you will have to pay a hefty price. Microsoft 365 Copilot, a AI productivity suite, will cost $30 per user per month for Microsoft 365 E3, E5, Business Standard, and Business Premium customers.
This means that businesses that want to use Microsoft 365 Copilot will have to pay a lot more than what they are paying now for Microsoft 365 plans. For example, Microsoft 365 E3, which includes access to Office apps, Teams, SharePoint, OneDrive, and many other productivity features, costs $36 per user per month. Adding Microsoft 365 Copilot to this plan will increase the cost by almost 83%. For Microsoft 365 Business Standard, which costs $12.50 per user per month, the cost will go up by almost 240%.
“We're learning that the more customers use Copilot, the more their enthusiasm for Copilot grows,” says Yusuf Mehdi, Microsoft's head of consumer marketing, says in a blog post. “Soon, no one will want to work without it.”
Microsoft 365 Copilot has been tested by around 600 enterprise customers in a paid early access program for the past few months. Some of the companies that have tried Microsoft 365 Copilot are KPMG, Lumen, and Emirates NBD.
Copilot Aims to Transform Microsoft Office Productivity
In May, Microsoft 365 Copilot Early Access Program opened. However, it is an invitation-only preview that customers must also pay for. Announced in March, Copilot combines the power of large language models (LLMs) with the data in the Microsoft Graph and the Microsoft 365 apps to turn natural language prompts into actions and outputs. It combines an integration of OpenAI's GPT-4 with Microsoft's own Bing Chat and Microsoft Graph.
With Microsoft 365 Copilot, the major Office apps on Microsoft's productivity stack have natural language AI capabilities. Specifically, Microsoft introduced Word Copilot, Excel Copilot, PowerPoint Copilot, Teams Copilot, and Viva Copilot. There was also an announcement to launch the new Business Chat, which brings the Bing Chat chatbot into Microsoft 365.
Microsoft has not yet announced when Microsoft 365 Copilot will be available for all commercial and enterprise customers. Microsoft 365 Copilot will also have to compete with Google, which has launched similar AI features for Google Workspace earlier this year.