Microsoft unveils pricing for AI tool
Wall Street Breakfast
Seeking Alpha
4.1 • 1K Ratings
🗓️ 19 July 2023
⏱️ 7 minutes
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Transcript
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| 0:00.0 | Welcome to See King Alpha's Wall Street breakfast, where we cover the top news for investors every morning. |
| 0:07.0 | Good morning. Today is Wednesday, July 19th, and I'm your host Julie Morgan. |
| 0:12.0 | Microsoft unvails the price for its AI tool, |
| 0:15.0 | how MSFT is fairing after that announcement. |
| 0:18.0 | J&J is ordered to pay 18.8 million million in a baby powder case. |
| 0:24.0 | Why this case was allowed to proceed over others. |
| 0:27.3 | And Kravana drops. |
| 0:29.0 | Why? |
| 0:29.6 | Because July 19th is not August 3rd. |
| 0:32.6 | Here's what's making headlines today. |
| 0:35.6 | Microsoft hit an all-time high on Tuesday after the company said |
| 0:39.6 | that its artificial intelligence tools for its office software, |
| 0:43.5 | known as 365 co-pilot, will cost $30 per user per month, |
| 0:49.0 | significantly raising the price of the software. |
| 0:52.0 | Unveiled at its virtual Inspire conference, |
| 0:55.0 | Microsoft said the $30 per user per month cost |
| 0:58.6 | will be for its E3, E5 business standard |
| 1:02.2 | and business Premium customers. |
| 1:04.5 | In an interview with the Financial Times, Microsoft CEO said to think of |
| 1:08.6 | Co-Pilot as the third leg of office after Word Excel and teams. |
| 1:14.0 | Wed Bush securities analyst Dan Ives called the pricing information very bullish |
| 1:19.2 | and could allow Microsoft to boost cloud revenue annually by 20% by 2025. |
... |
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