Microsoft Rolls Out ChatGPT-Powered Teams Premium

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Microsoft Rolls Out ChatGPT: Microsoft Corp. (MSFT.O) launched a premium Teams messaging service on Wednesday, powered by ChatGPT, to streamline meetings using the AI chatbot that has been sweeping Silicon Valley.

According to Microsoft, the monthly fee for the premium service will be $7 in June and $10 in July.

OpenAI-owned ChatGPT will enable Teams users to create meeting templates, suggest tasks, and generate automatic meeting notes.

Microsoft has stated its intention to integrate ChatGPT’s technology into all of its products, paving the way for more competition with rival Alphabet Inc.’s (GOOGL.O) Google. Earlier this month, Microsoft announced a multi-billion dollar investment in OpenAI.

The chatbot is at the vanguard of generative AI, an area where more and more major tech companies are investing their resources. The chatbot can generate prose or poetry on demand.

On Wednesday, ChatGPT unveiled a $20 monthly subscription option that will provide users priority access to new features and enhancements as well as speedier responses.

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