MSFT +1.44% Add to/Remove from a Portfolio GOOGL +2.72% Add to/Remove from a PortfolioAlphabet’s (NASDAQ: ) Google is finally stepping into the realm of AI technology sales in a bid to catch up in the highly lucrative cloud software market. The Wall Street Journal reports that Google Cloud's CEO, Thomas Kurian, will unveil a series of enhancements aimed at corporate Gmail users at an annual cloud conference in San Francisco on Tuesday. For a monthly fee of $30, customers can access these AI-powered tools, which facilitate drafting emails and summarizing lengthy documents stored in the cloud. This way, Google is matching the price Microsoft (NASDAQ: ) will charge for a competing offering in its flagship 365 suite. Furthermore, Google plans to utilize the conference to exhibit real-world applications of its AI technology.

Source: Wall Street Journal August 29, 2023 12:27 UTC