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  • Google Announces Bard A.I. in Response to ChatGPT. As a response to the booming language model ChatGPT, Google announces Bard A.I., a chatbot technology powered by LaMDA, the company's large language model for dialogue applications. In the coming weeks, Google will roll out the technology to trusted testers, with a view to making it more widely accessible to the public.
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  • Fed Chair Powell Addresses the "Disinflationary Process". In a recent statement, Fed Chair Jerome Powell reiterated the central bank's commitment to appropriate interest-rate increases but acknowledged that the "disinflationary process" has begun in the goods sector, which constitutes about 25% of the economy.

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