[Featured Stock] Polaris Office Rises on MS Generative AI-Enabled Office Subscription Fee Disclosure
Polaris Office is showing strong performance. This is interpreted as being influenced by Microsoft (MS) revealing the usage fee for 'MS 365 Copilot,' an AI equipped with ChatGPT developed by OpenAI, and launching the enterprise chatbot Bing Chat service with enhanced security.
As of 9:51 AM on the 19th, Polaris Office is trading at 4,980 KRW, up 7.33% compared to the previous day.
MS held its annual partner conference, 'Inspire 2023,' at its headquarters in Redmond, Washington, the day before, announcing that the usage fee for 'MS 365 Copilot' is set at $30 per user per month (37,900 KRW). MS unveiled 'MS 365 Copilot' equipped with generative AI in March.
Based on OpenAI's latest language model 'GPT-4,' this product also integrates Outlook, which manages emails, schedules, and contacts, as well as Teams, the team meeting messenger.
Supported by the announcement of this paid subscription service, MS's stock price closed at $359.49, up 3.98% from the previous day.
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Meanwhile, Polaris Office is an office software company that launched the AI office platform 'Polaris Office AI.' It can apply various AI functions including OpenAI's 'ChatGPT,' Naver's 'HyperCLOVA,' and Stability AI's 'Stable Diffusion.' Polaris Office has an office program with 120 million subscribers worldwide. It also supports full compatibility with documents from both Hangul Word Processor and MS Office.
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