Microsoft's Copilot Revamp Boosts Shares with New AI Features and Pricing

Microsoft's Copilot AI platform has been revamped with new features and pricing models. The update combines chatbot tools, coding capabilities, and autonomous task agents into a single app.

The announcement sent Microsoft shares up more than 4% during the trading session, making it the best performer among the Magnificent Seven that day.

The company is shifting its strategy to focus on business customers, ceding the consumer AI fight to companies like Apple, Google, and Meta. Fewer than 7% of Microsoft's over 450 million commercial Office 365 seats currently carry a Copilot license.