Microsoft introduces Copilot AI chatbot for finance workers

Charles Lamanna, corporate vice president for business applications and platforms at Microsoft, speaks at a press event in San Francisco on Feb. 28, 2024.

Jordan Novet | CNBC

Microsoft on Thursday announced that it will release a Copilot chatbot that can perform key tasks for people working in finance. The software company will first offer the tool in public preview. Pricing details will follow.

Many business software providers, including HubSpot and Salesforce, have been working to supercharge existing products with generative artificial intelligence, in the hope of making clients more efficient. The craze began after startup OpenAI in 2022 launched the ChatGPT chatbot, which can spit out natural-sounding text or other content with a few words of human input.

The typical company consists of a variety of groups in which employees perform specialized work. “We want every one of the departments to be enabled and enriched with a Copilot,” Charles Lamanna, a Microsoft corporate vice president, said in an interview with CNBC in San Francisco on Wednesday.

Microsoft already has a Copilot for general-purpose industrial use in Office applications, and it has released Copilots designed for sales and customer-service workers.

Copilot logo displayed on a laptop screen and Microsoft

WOM Finance Projects New Financing Distribution Ahead of Ramadan to Increase

ILLUSTRATION. PT Wahana Ottomitra Multiartha Tbk (WOM Finance) projects that the growth in distribution of new financing ahead of Ramadan will increase. KONTAN/Baihaki/23/01/2024

Reporter: Ferry Saputra | Editor: Handoyo .

KONTAN.CO.ID – JAKARTA. PT Wahana Ottomitra Multiartha Tbk (WOM Finance) projects that the growth in distribution of new financing ahead of Ramadan will increase, especially for the multipurpose motorbike and car segments.

“The company is quite optimistic that the Ramadan momentum will have an impact on the distribution of new financing,” said WOM Finance Finance Director Ring Lisa to Kontan, Friday (1/3).

However, Cinicn said that in determining the size of the growth target for Ramadan this year, the company is still continuing to carry out a more in-depth analysis of current market conditions.

Also Read: WOM Finance Net Profit Increases 19.63%

He also said that the distribution of new financing in January 2024 was relatively the same, when compared with the same period last year. Ring said that the multi-purpose car financing segment is one of the segments that will contribute greatly to the company’s distribution of new financing in January 2024.

For information, WOM Finance until December 2023, managed to record a net profit of IDR 236