机构：“人工智能正反噬微软”

环球市场播报02-09

梅利乌斯研究公司将微软的股票评级下调至“持有”，并称“萨提亚错失了人工智能的叙事主导权”。　　该券商指出，微软365版Copilot的推进速度过慢，其现行的“先按席位收费”模式易受智能代理技术的冲击。　　梅利乌斯研究公司表示：“我们愈发认为，‘为人工智能额外付费’的模式难以为继——Copilot最终需免费附赠，这将推高公司的长期成本。” 海量资讯、精准解读，尽在新浪财经APP 责任编辑：...

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Microsoft\"","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MSFO":0.6,"MSFT":1.95,"MSFL":0.6,"MSFX":0.6,"MSFU":0.6,"MSFD":0.6,"MSFW":0.6,"MSFY":0.6},"content_text":"梅利乌斯研究公司将微软的股票评级下调至“持有”，并称“萨提亚错失了人工智能的叙事主导权”。\n　　该券商指出，微软365版Copilot的推进速度过慢，其现行的“先按席位收费”模式易受智能代理技术的冲击。\n　　梅利乌斯研究公司表示：“我们愈发认为，‘为人工智能额外付费’的模式难以为继——Copilot最终需免费附赠，这将推高公司的长期成本。”\n\n\n海量资讯、精准解读，尽在新浪财经APP\n\n责任编辑：陈钰嘉","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; 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