AI Daily: Microsoft achieves ‘audacious’ Copilot sales goals

Catch up on the top artificial intelligence news and commentary by Wall Street analysts on publicly traded companies in the space with this daily recap compiled by The Fly.

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AUDACIOUS GOALS: In response to Wall Street feedback, Microsoft (MSFT) has shifted its AI sales strategy to focus on selling Copilot rather than offering it for free as part of a larger bundle, Bloomberg’s Brody Ford reports. In an internal meeting, Judson Althoff, CEO of the company’s commercial business, said that leadership established and essentially achieved “some pretty big audacious goals” for selling Copilot in the quarter that ended last month, Ford says, citing people familiar with the remarks. Microsoft had said in January that only roughly 3% of its customers were paying for Copilot, the author notes. Shares of Microsoft are fractionally higher in late afternoon trading.

AI MODELS: Meta Platforms (META) is preparing to launch its first new AI models developed under Alexandr Wang and has plans to eventually offer models via an open source license, Ina Fried of Axios reports. The company plans to eventually offer versions of the models via an open-source license, the website adds.

ADVANCED PACKAGING: Advanced chip packaging is one of Intel’s (INTC) quietly fast-growing businesses. Over the past six months, Intel has been signaling that its advanced packaging business, which operates within the Foundry chip-making arm of the company, is having a growth spurt, Wired reports. The company’s efforts around this have it going head-to-head with TSMC (TSM), which far surpasses Intel’s production in terms of scale. But Intel thinks this effort can help it grab a bigger slice of the AI pie. Multiple sources say that Intel has been in ongoing talks with at least two large customers for its advanced packaging services, namely Google (GOOGL) and Amazon (AMZN), which both make their own custom chips but outsource parts of the fabrication process, Wired adds.