Cortana's future is uncertain, but what about Microsoft's bots strategy?

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At Build 2016 Microsoft introduced its Conversations as a Canvas strategy where AI and bots were presented as intricately intertwined and important to personal computing's future.
With Cortana's uncertain future, what is the trajectory of Microsoft's bots strategy?
In a multi-device world where a diversity of computing scenarios require an equally diverse means to interact with digital content, bots and AI are beginning to replace humans, apps, and devices for certain scenarios.

Microsoft's Conversations as a Canvas strategy establishes human language as the canvas for our interactions with one another and intelligent systems. This platform incorporates the many ways we use language over a digital medium be it inking/writing, texting/typing or verbal communication. Microsoft's efforts to infuse intelligence into everything from its products and services, IoT, smart speakers and more provides the ether bots and AI use to traverse this digital canvas.

So as smart speakers, and AI battle for our attention, and traditional and Progressive Web Apps (PWA) jockey for position, and Cortana cedes ground to Alexa, where do bots, which are predicted to replace certain types of apps, fit into the grand scheme of things?

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