Microsoft Bets Office Subscribers Will Pay 30% More for AI Tools
- Family subscriptions for up to six people cost $130 a year
- Hikes rolled out earlier in Australia and were controversial
A Microsoft store in New York.
Photographer: Jeenah Moon/BloombergThis article is for subscribers only.
Microsoft Corp. is raising the price of its package of Office apps for consumers, a bet that subscribers will be willing to cough up more for access to new artificial intelligence tools.
The Microsoft 365 family subscription, which offers access to Word, Excel and other apps for as many as six people, will now cost $130 a year, a 30% increase, the company said in a blog post Thursday. The version for individuals is rising 43% to $100. The price changes take effect immediately for new subscribers and will affect existing ones when they renew.