Microsoft announced that they are rebranding Azure AD to become Microsoft Entra ID. This is just a name change and no functionality or licenses are affected. It's simply yet another Microsoft rebranding exercise like Microsoft 365, Purview, and Defender. The name change will start in the latter half of 2023 and be completed by 2024.
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Microsoft Azure AD is now Microsoft Entra ID [2023] - SCHNEIDER IT
Azure AD now renamed as Microsoft Entra ID
Microsoft Entra ID: The New Name for Azure Active Directory