Every major data platform now ships a layer that tells agents what the business means. At FabCon and SQLCon Europe 2026 Microsoft took the biggest step yet, putting Fabric IQ into Microsoft 365 Copilot, extending the ontology, bringing app building to Power BI Pro and adding policy, audit and observability for agents, alongside OneLake, Real-Time Intelligence and SQL updates. Here is everything announced, with release stages, and where the rest of the industry stands.
At Build 2026, Microsoft made Fabric IQ, Graph in Fabric and operations agents generally available. The ontology item stays in preview, with general availability expected in the coming months.
At FabCon and SQLCon 2026, Microsoft made Fabric data agents generally available, released the local Fabric MCP server as GA, put a remote MCP server into preview and made Fabric IQ ontologies reachable over MCP in preview.
Microsoft announced it is acquiring Osmos, a data engineering platform that uses agents to turn raw data into analytics-ready assets in OneLake. The team joins Fabric engineering.
At Ignite 2025, Microsoft put Fabric IQ into public preview, including an ontology item that maps data to business entities, relationships and rules. Data agents can now be exposed as hosted MCP servers.
At FabCon Vienna, Microsoft put a native graph store with GQL queries into public preview, released a developer Fabric MCP and extended data agents to all mirrored databases.
At Build 2025, Microsoft announced first-party MCP support across its developer and business products and said Fabric data agents would come to Copilot Studio in the coming weeks.
At FabCon 2025, Microsoft renamed Fabric AI skills to Fabric data agents and put a Fabric knowledge tool for Azure AI Agent Service into public preview, with answers limited to data each user can already access.
