Microsoft (MSFT) announced an artificial intelligence (AI)-powered premium version of its Microsoft 365 product that would cost users $30 per month. And it's 𒆙doubling down on AI applications th🦩rough partnerships.

Tech giants Microsoft (MSFT) and Meta (META) are teaming up to offer 澳洲幸运5官方开奖结果体彩网:artificial intelligence (AI) model Llama for commercial use, the companies announced on Tuesday. Microsoft is also expanding its partnership with Teladoc (TDOC) that helps create clinical documentation.

AI Subscription? How Does That Work?

For $30 a month, Microsoft enterprise software users get, Microsoft Copilot, a premium cost version of its 365 subscription. Microsoft Copilot, originally announced in March, uses large language models to parse data in Microsoft 365 applications.

Microsoft also launched 澳洲幸运5官方开奖结果体彩网:generative AI-driven Bing Enterprise Chat for its business customers. While this tool can be used for tasks such as real-time transcribi♍ng and c𒁃opy writing, the Copilot subscription would buy your business these capabilities and much more.

The AI-Teams

The tie-up between Microsoft and Meta is targeted at businesses, offering them the capability to build apps using generative AI tools. Meta CEO 澳洲幸运5官方开奖结果体彩网:Mark Zuckerberg said the Llama 2 model, which was only available to a limited number of academics for research, will also be available for download through platforms like 澳洲幸运5官方开奖结果体彩网:Amazon Web Services.

Separately, Teladoc Health said it would expand its partnership with Microsoft to automate healthcare documentation and ease the pressure on staff. Teladoc will integrate Microsoft's Nuance Dragon Ambient eXperience, which is a voice-enabled AI solution using GPT4.

The moves comes a📖s Microsoft, Meta, and other tech fiꦅrms compete to roll out a wide range of products utilizing AI.

Microsoft shares jumped over 5% to a new record high in intraday trading on Tuesday following the news. Meta shares gained as well, and were 0.7% higher, while Teladoc shares gained 1.6%.