Microsoft executive touts Copilot sales traction as AI anxiety weighs on stock [MSNBC.com]
Microsoft Corporation (MSFT)
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Source: MSNBC.com
Key PointsAnalysts have said that it's still early for the product.In this articleFILE PHOTO: Judson Althoff, CEO of Microsoft's commercial business, appears during an interview in San Francisco on Jan. 27, 2017.David Paul Morris | Bloomberg | Getty ImagesSoftware stocks including Microsofthave come downsunk 23%In January, Microsoft said it had racked up15 million seatsThe $30-per-month Microsoft 365 Copilot became widely available in 2023, and since then, many analysts have described adoption asnascentSellers had been trying to land paid Microsoft 365 Copilot seats and get everyone else using Copilot Chat, but Microsoft revamped its strategy after receiving feedback from analysts on the results, Althoff, CEO of the company's commercial business, said in a town hall meeting, according to a transcript that CNBC reviewed.Microsoft did not immediately have a comment.Althoff said he and Amy Hood, Microsoft's finance chief, issued bold goals for the March quarter, which ended on Tuesday."
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