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Microsoft’s AI Push Notches Early Profits

  • Microsoft's strategy of integrating AI into its software is showing early success with a 10% increase in revenue from consumer subscriptions to Office 365 compared to a year ago.
  • The company raised the price of its software by 30% in January and may extend similar price hikes to corporate Office 365 users, considering the positive response.
  • Microsoft is offering enterprise users AI features like an AI chatbot for $30 per month per user, providing functionalities such as document search, meeting transcriptions, and email creation.
  • In other news, Microsoft announced price increases for Xbox consoles, controllers, and first-party games, citing market conditions and rising development costs.

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