Microsoft made a huge statement on the rebranding of its AI-powered Bing Chat to Copilot during the Microsoft Ignite 2023 conference. This change also applies to the premium business-oriented version, which was once known as Bing Chat Enterprise but has since been renamed Copilot. Previously, it was known by that name.
TechCrunch cites Caitlin Roulston, Director of Communications at Microsoft, as saying that the choice to rename “Bing Chat Enterprise” to “Copilot” corresponds with the company’s ambition to offer a unified Copilot experience for both consumer and commercial users. Roulston’s comments were made in response to a question about why the name change was made.
Microsoft Ignite 2023
The announcement was made as a part of Microsoft’s larger demonstration at Ignite, during which the firm highlighted innovations meant to assist customers, partners, and developers in using the full potential of Microsoft’s technology, thereby redefining the way work is done.
“At Ignite, we are announcing innovations across our data center fleet, including the latest AI-optimized silicon from our industry partners and two new Microsoft-designed chips,” Microsoft announced in a formal press release.
Since its launch eight months ago, the Copilot for Microsoft 365 has been an instrumental component in both the reduction of digital debt and the enhancement of productivity. Microsoft showed off its most recent Work Trend Index, which highlighted the positive impact that Copilot has had on productivity and overall work quality.
According to the findings of the survey, seventy percent of Copilot users indicated a rise in their level of productivity, while sixty-eight percent observed an improvement in the quality of their work.
When users carried out specific tasks such as searching, writing, and summarizing, they demonstrated a speed improvement of 29% above their previous performance. The effectiveness of Copilot extended to making up for lost time in meetings; users were able to do so in roughly four times the normal amount of time. In addition, 64 percent of customers reported that using Copilot helped them cut down on the amount of time they spent processing emails.
At Ignite, Microsoft also highlighted the progress it has made in cloud infrastructure, drawing special attention to the relationships it has formed with OpenAI and the inclusion of ChatGPT capabilities into important products.
The business unveiled AI-optimized silicon, a new invention that was implemented in its data center fleet, as part of a collaborative effort with other industry partners.
The expansion of the relationship includes the inclusion of accelerated virtual machines powered by AMD MI300X to Azure, with the goal of ensuring that AI model training occurs as quickly as possible.
In addition, Microsoft unveiled a preview of the NC H100 v5 Virtual Machine Series, which has been optimized for NVIDIA H100 Tensor Core GPUs. This series promises improved performance, reliability, and efficiency for mid-range artificial intelligence training and generative artificial intelligence inferencing.
Microsoft Copilot as a Comprehensive Tool
Microsoft envisions Copilot as an all-encompassing tool that will extend its capabilities beyond the realm of individual productivity and into the realm of transforming a variety of roles and tasks.
According to Microsoft, Copilot for Microsoft 365 has already gained attention from big businesses such as Visa, BP, Honda, and Pfizer, along with renowned partners such as Accenture, EY, KPMG, Kyndryl, and PwC. It is now generally available for corporations.
Copilot in Outlook now contains additional functions to simplify the process of planning and preparing for meetings, which helps to facilitate collaborative work. Concurrently, within Microsoft Teams, enhancements have been made to improve the whiteboarding and note-taking experiences. These modifications were made to boost the overall quality of these features.