Microsoft is bringing its AI directly into Excel formulas with the Copilot function. It is designed to automatically analyze, categorize and summarize data.

With Excel's Copilot, tasks like classifying feedback or creating summaries can be done quickly by simply typing a prompt into a cell. The tool enables automation ...

Built-in functions, available from within Excel or from the Data Analysis Toolpak add-in, are a good option if you are new to financial modeling.