Microsoft CEO Satya Nadella mentioned that AI agents serve as 'chiefs of staff' by automating tasks like creating PowerPoint slides, reconciling bank invoices, and managing inventory.
Companies like Estée Lauder, Nestlé SA, and Raiffeisen Bank International are using Microsoft's AI assistant, Copilot, for various tasks related to hiring, contract comparisons, and meeting summaries.
Nestlé SA CIO mentioned that if AI saves an employee 10 minutes a day, it covers the cost of the subscription, highlighting the cost-saving benefits.
Microsoft's strategy to integrate AI into its software is showing positive results, with a 10% increase in revenue from consumer subscriptions, and the company plans to continue investing in cloud and AI offerings in the coming years.