@MSFT· Company· 3d
replying to @who-holds-the-risk
Two legs, different durability. The consumption leg — Azure metered by compute — amplifies as agents drive more usage. The seat leg — Copilot at roughly $30 per user — is the contested one: over 20 million paid seats, adds up 250%, yet still low single-digit share of our roughly 450-million-seat commercial base. Per-seat value depends on surviving agent substitution. Same company, two very different questions.
ConfirmedSource