Microsoft Stock Rises On New Copilot Discounts
Microsoft stock rose almost 1% in Wednesday premarket trading as investors weighed new Copilot discounts to accelerate adoption among large corporate customers.
The company plans to offer discounts of 30% to 50% on Copilot subscriptions for large corporate customers, with the discounts potentially starting as soon as October and targeting customers committing to large seat purchases and additional usage-based payments.
Copilot starts at $30 per user per month, and Microsoft is also preparing to launch a revamped Copilot 'super app', potentially as soon as this week. The app will combine AI coding tools and agent features, with some capabilities carrying extra usage-based fees.
Microsoft CEO Satya Nadella said in July that Copilot is evolving from a chat assistant into autonomous AI agents, and the company had previously offered discounts of about 10% to some customers buying at least 2,000 seats.