Over the last month, there have been important developments in the field of technology. The most significant is the acceleration of General Artificial Intelligence (GenAI) solutions in businesses, such as OpenAI's recent launch of ChatGPT Enterprise to improve control and security over your data. Additionally, this update provides key insights into the technology race between the U.S. and China as both parties race to be the leader in semiconductors, AI, quantum, and various other emerging technologies. Finally, we provide an analysis of recent international institutions' work on the impact of GenAI and its impact on labour markets.