03:29 PM EDT, 04/18/2024 (MT Newswires) -- Microsoft ( MSFT ) is set to introduce a new software that can handle multiple tasks with little guidance from users and powered by OpenAI's technology, The Information reported Thursday.

The software, which would improve upon Microsoft's ( MSFT ) current suite of Copilots, can assist users in creating, sending and tracking a client invoice based on their order history, among other features, the report said, citing unidentified Microsoft ( MSFT ) employees. The software can also rewrite an application's code using a different language, the report said.

Artificial-intelligence providers such as Microsoft ( MSFT ), OpenAI and Alphabet's (GOOG, GOOGL) Google ( GOOG ) are looking to introduce new technologies that can automate multiple actions to encourage businesses to spend on AI, the report said.

Microsoft ( MSFT ), Google ( GOOG ) and OpenAI did not immediately reply to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)