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Perplexity AI Seeks $9 Billion Valuation in New Funding Round

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Hello AI Lovers!
Today’s Topics Are:

- Microsoft Unveils New Autonomous Agents to Revolutionize Business Processes
- Perplexity AI Seeks $9 Billion Valuation in New Funding Round

Microsoft Unveils New Autonomous Agents to Revolutionize Business Processes

AI Transforming Business Efficiency

Microsoft announced the expansion of autonomous agents within its Copilot Studio and Dynamics 365 platforms, offering businesses new tools to streamline operations and enhance productivity. With Copilot, businesses like Lumen Technologies and Honeywell have already seen significant ROI, including $50 million in savings and the equivalent productivity boost of 187 employees.

New Autonomous Capabilities

Ten new agents are introduced, designed to automate various business functions—ranging from sales qualification and supply chain management to customer support. These agents, customizable through Copilot Studio, allow businesses to implement AI-first processes for enhanced decision-making and operational efficiency.

Scaling AI Across Teams

Organizations like Pets at Home and McKinsey & Company are already utilizing these agents for cost-saving measures and reducing lead times by as much as 90%. With public preview of Copilot Studio launching next month, more customers will gain access to these tools, leveraging Microsoft's secure infrastructure to build tailored, autonomous workflows.

Data Governance & Security

Built-in data governance ensures agents adhere to strict security measures, including data loss prevention and authentication protocols. This guarantees that businesses can trust the agents to operate within safe parameters, fostering greater confidence in adopting AI at scale.

Microsoft's Own Use of Copilot

Internally, Microsoft is already benefiting from AI-driven transformation, with 9.4% higher revenue per seller and 12% faster customer case resolutions. These early results showcase the potential of AI-driven autonomous agents in reshaping business performance across industries.

Explore how you can begin building your own agents with Copilot Studio. Learn more by visiting the Dynamics 365 and Copilot Studio blogs for insights into these innovations.

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Perplexity AI Seeks $9 Billion Valuation in New Funding Round

Key Fundraising Move

Perplexity AI, an emerging AI search engine aiming to rival Google, has initiated talks to raise approximately $500 million in a new funding round. This would more than double its valuation to about $9 billion, up from $3 billion in June. Despite facing plagiarism allegations, Perplexity continues to attract investor interest, benefiting from the growing generative AI boom.

The company has raised three funding rounds this year as it seeks to expand its presence in the AI search space.

That was it for this Weeks News, We Hope this was informative and insightful as always!

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