Search Site

Trends banner

Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

ADIB H1 pre-tax profit $1.08bn

Q2 pre-tax net profit increases by 14 percent.

AstraZeneca to invest $50bn in US

Bulk of funds to go into a Virginia manufacturing center.

UAB net profit up by 50% for H1

Total assets increase by 11 percent.

Microsoft unveils autonomous AI agents for business tasks

A worker walks past a giant screen displaying a Microsoft logo, for the opening ceremony of the Paris 2024 Olympic Games in a "grey zone" in Paris on July 19, 2024. AFP/File
  • AI agents are specialized programs designed to perform routine tasks autonomously, such as sifting through sales leads or handling customer service inquiries
  • The AI agent has become the newest buzzword for major software companies that are investing billions in powerful AI models, which they believe will shape the future of computing

San Francisco, United States – Microsoft on Monday said it was enhancing its AI offerings with new autonomous agent capabilities as the tech titan aims to accelerate business adoption of artificial intelligence.

AI agents are specialized programs designed to perform routine tasks autonomously, such as sifting through sales leads or handling customer service inquiries.

The AI agent has become the newest buzzword for major software companies that are investing billions in powerful AI models, which they believe will shape the future of computing.

Microsoft has moved fast in pushing generative AI technology to everyday users, largely using the models from its $13 billion partnership with OpenAI, the maker of ChatGPT.

Agents are intended to advance generative AI from ChatGPT-style chatbots, which require human prompts, to systems that can operate independently.

In a blog post, Microsoft introduced ten autonomous agents for its Copilot AI platform, tailored to support sales, service, finance, and supply chain teams.

These agents will be available for public preview starting in December, with a full rollout planned through 2025.

“Think of agents as the new apps for an AI-powered world. Every organization will have a constellation of agents — ranging from simple prompt-and-response to fully autonomous,” Microsoft Chief Marketing Officer Jared Spataro explained.

The company envisions these agents facilitating a transition from today’s traditional business routines to new work habits that are driven and increasingly carried out by AI.

Additionally, Microsoft announced the upcoming public preview of Copilot Studio, a tool enabling companies to create and manage their own AI agents.

Other tech giants are also exploring a deployment of AI agents, with venture capitalists poring money into startups offering their own take on the concept.

Salesforce CEO Marc Benioff, whose company last month announced its own slate of AI agents, criticized Microsoft’s efforts.

“When you look at how Copilot has been delivered to customers, it’s disappointing. It just doesn’t work, and it doesn’t deliver any level of accuracy,” Benioff said last week.

AI chip juggernaut Nvidia, Google and Oracle have also announced AI agent projects.

Although their powers remain limited for now, the development of autonomous agents capable of independent action has raised concerns about potential risks.

Microsoft assured that these new agents, currently limited to non-complex tasks, adhere to strict security, privacy, and responsible AI guidelines.

“Once these agents are created, IT administrators can apply a comprehensive set of features to govern their use,” it said.