Microsoft unveiled a reimagined Copilot with three pillars — Home (chat plus delegated Cowork and Office-in-Copilot), Code (natural-language apps powered by GitHub Copilot tech), and Autopilot (a persistent cloud-hosted agent with its own tenant identity), the official Microsoft Blog said Sept. 25. Home and Code enter Frontier rollout; Autopilot expands in private preview. Copilot Managed Runtime hosts tenant-bound code with IT governance so security teams can approve what runs.

The pitch for businesses is agents that draft decks, build trackers, and chase workflows inside Microsoft 365 rather than in shadow IT scripts. Microsoft is splitting pricing: subscription licenses for everyday chat, usage-based billing for long-running agentic work, plus FinOps tools in Agent 365 to set spend policies and model families. Learn docs detail Entra identity, Conditional Access, DLP, and Purview audit for agent fleets so admins can inventory what is running overnight.

Nvidia and Tom’s Hardware silicon news the same week show why Microsoft is racing: customers want agents, not just chat boxes, and will buy the stack that keeps data inside their tenant.

Backstory: Copilot launched as an Office assistant; Autopilot (formerly Scout) marks the shift to always-on agents. Engage: Microsoft Ignite Nov. 17–20 and admin center Agent 365 docs.

What we know:
Home/Code/Autopilot announced; Managed Runtime in preview; USL vs UBB pricing split; Frontier/private preview paths.

What we don’t:
Broad GA dates for every SKU; typical Autopilot spend per seat; how often agents misfire on real tenant data.

Agree (full): Microsoft Blog and Learn docs agree Copilot is expanding into governed enterprise agents with Home, Code, and Autopilot.
Differ (full): Microsoft sells productivity upside; buyers will judge on governance friction and unpredictable usage-based bills.