Microsoft in a Major Deal with Barclays

(3 Minutes Read)

Chief Commercial Officer Judson Althoff told employees that Barclays agreed to buy 100,000 licenses for Microsoft’s Copilot AI assistants, according to people familiar with the event.

Microsoft Corp explained its artificial intelligence tools to corporate customers during a companywide town hall on Thursday, including a major deal with Barclays Plc.

Chief Commercial Officer Judson Althoff told employees that Barclays agreed to buy 100,000 licenses for Microsoft’s Copilot AI assistants, according to people familiar with the event. Althoff also said multiple dozen customers — including Accenture Plc, Toyota Motor Corp., Volkswagen AG, and Siemens AG — have over 100,000 Copilot users, according to the people, who requested anonymity to discuss the internal remarks.

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Microsoft is focused on driving adoption of Copilot and is closely tracking what share of customer workforces are using the tools, Chief Executive Officer Satya Nadella said during the event. At list prices of US$30 per user per month, the deals cited by Althoff would each be worth tens of millions of dollars per year, though large customers typically get bulk discounts.