Microsoft (MSFT) stock is down 15% YTD following the launch of Copilot Cowork, an AI agent powered by Anthropic's Claude for Microsoft 365 enterprise clients.
The Microsoft 365 Copilot Wave 3 brings new agentic AI tools to create and edit documents, alongside the launch of an E7 price tier that bundles AI tools with M365 apps for $99 per user each month.
Microsoft CEO Satya Nadella has credited Intel and Apple's Mac as foundational to Windows and Office, revealing the non-zero-sum philosophy behind his tenure.