catherine doherty, thank you very much. pentagon is tracking surveillance bloom that was in high altitude. the balloon was home to ballistic missiles, the pentagon advised the shooting it down due to the risk of falling debris. they postponed the secretary blinken's upcoming trip to beijing which was due to happen, next week. more and more tech giants getting into ai. google is the latest. we will tell you about that one, next. this is bloomberg. ♪ the first time your sales reached 100k was also the first time you hit this note... ( screams in joy) save 20% with the lowest transaction fees and keep more of what you make. with a partner that always puts you first. godaddy. tools and support for every small business first. ed: welcome back to bloomberg technology. i'm ed ludlow in san francisco. google invested almost 400 million in the ai starter which is testing arrival to open ai's chatgpt. the deal gives google a stake in anthropic. it does not require anthropic to spend any of the funds buying cloud services from google.

joining us now is catherine doherty. put the 200 into perspective. mean for bank of america? catherine: we are seeing thousands. this is nowhere near that. this is likely to be under 200. so it might not seem extreme, especially when you're looking across the street, but for bank of america, it is a step further. they put a pause on hiring, bringing new people in. that was to account for less people leaving, so there was just a natural attrition issue that they were dealing with. now, it is really a return to business as usual, pre-pandemic cuts that happen normally after bonus season. this time of year it pretty typical, and it is not the extreme case we have seen at goldman sachs which was actually some of the biggest cuts that we seen at their business. and it would be more similar to citigroup, which was a few dozen in their investment banking unit. dani: does that then say something about their performance? how do we account for the discrepancy between these banks and the number they are putting out> katherine: the performance of the across wall