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Jon Keegan

Microsoft is pushing Copilot, but everyone just wants ChatGPT

Microsoft’s pitch to sell its Copilot AI chatbot to enterprise customers is facing some stubborn resistance: people have used ChatGPT and they just like it more.

According to a new report from Bloomberg, Microsoft’s sales team is having a hard time convincing companies why they should use Copilot over partner OpenAI’s ChatGPT, which share the same underlying models.

While Copilot is sometimes cheaper, and more tightly integrated into Microsoft’s productivity workhorses like Word, Excel, and Teams, companies are often using ChatGPT instead, and this might be increasing tensions in an already tense partnership.

OpenAI has said it has 3 million paying enterprise customers, and that number is growing fast. Microsoft told employees that “multiple dozens” of customers have over 100,000 paying users, which would work out to a floor of 2.4 million paying Copilot licenses, but the company hasn’t shared an exact figure.

But Microsoft has a deep, broad business and long-term relationships with enterprise customers, which might give it an edge in the long run.

Today, Microsoft shares hit an all-time high of $491.76.

While Copilot is sometimes cheaper, and more tightly integrated into Microsoft’s productivity workhorses like Word, Excel, and Teams, companies are often using ChatGPT instead, and this might be increasing tensions in an already tense partnership.

OpenAI has said it has 3 million paying enterprise customers, and that number is growing fast. Microsoft told employees that “multiple dozens” of customers have over 100,000 paying users, which would work out to a floor of 2.4 million paying Copilot licenses, but the company hasn’t shared an exact figure.

But Microsoft has a deep, broad business and long-term relationships with enterprise customers, which might give it an edge in the long run.

Today, Microsoft shares hit an all-time high of $491.76.

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Apple's hardware chief is the frontrunner to be the next CEO

The New York Times is the latest news organization to cite Apple sources who think the company’s hardware chief John Ternus will be the one to fill CEO Tim Cook’s shoes. Citing people close to Apple, the publication reports that Cook is “tired and would like to reduce his workload” and that 50-year-old Ternus is the most likely to take his place, as the company accelerates its succession planning.

The Times is in good company. Both the Financial Times and Bloomberg have previously said Ternus is the top pick to succeed Cook at the helm of the tech giant, and Ternus currently is enjoying the top spot on prediction markets. His market implied odds of being the next CEO are currently above 60% on both Polymarket and Kalshi event contracts.

The Times is in good company. Both the Financial Times and Bloomberg have previously said Ternus is the top pick to succeed Cook at the helm of the tech giant, and Ternus currently is enjoying the top spot on prediction markets. His market implied odds of being the next CEO are currently above 60% on both Polymarket and Kalshi event contracts.

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Morgan Stanley: Even with Nvidia’s autonomous tech, Tesla is still “years ahead” of other automakers

Nvidia’s latest autonomous tech may help traditional automakers close the distance to manufacturing driverless cars, but not to Tesla, a research note from Morgan Stanley contends. Analyst Andrew Percoco argued that while Nvidia’s tech stack offers a “capital efficient on ramp to advanced autonomy,” that still leaves automakers stuck in a “faster follower strategy.”

According to the analyst, “Tesla is years ahead of competitors when it comes to autonomy with a clear data and scale advantage.” The comment is similar to something Tesla CEO Elon Musk said in the wake of Nvidia’s announcements:

“This is maybe a competitive pressure on Tesla in 5 or 6 years, but probably longer,” Musk posted on X.

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