{"id":3579,"date":"2024-09-17T09:48:50","date_gmt":"2024-09-17T13:48:50","guid":{"rendered":"https:\/\/bna.content.cirrus.bloomberg.com\/bgov2023\/insights\/company-news\/bloomberg-government-launches-new-ai-tool-with-innovation-studio-approach-to-development\/"},"modified":"2024-09-17T09:48:50","modified_gmt":"2024-09-17T13:48:50","slug":"bloomberg-government-launches-new-ai-tool-with-innovation-studio-approach-to-development","status":"publish","type":[],"link":"https:\/\/bna.content.cirrus.bloomberg.com\/bgov2023\/insights\/company-news\/bloomberg-government-launches-new-ai-tool-with-innovation-studio-approach-to-development\/","title":{"rendered":"Bloomberg Government Launches New AI Tool with Innovation Studio Approach to Development"},"content":{"rendered":"<div  class=\"bbg-row-container\">\n    <style>section[data-anchor='row-6a2579a5c829e'] {\n\t\t\t\tbackground-image: url(https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&type=webp&url=https:\/\/assets.bbhub.io\/bna\/sites\/20\/2023\/09\/Insights-Header.jpg);\n\t\t\t  }<\/style>\n    <section class=\"bbg-row bg--has-media       bg--eeeeee text--white bbg-row--full-bg-bleed\" data-anchor='row-6a2579a5c829e'>\n        \n        \n        <div\n            class=\"bbg-row--content\"\n                    >\n            \n            <p><div\n    class=\"bbg-column bbg-column--width-2\"\n    style=\"\"\n    >\n    \n<\/div><div\n    class=\"bbg-column bbg-column--width-8\"\n    style=\"\"\n    >\n    <p>    <ul class=\"bbg-categories_list\">\n                    <li>\n                <a href=\"https:\/\/bna.content.cirrus.bloomberg.com\/bgov2023\/insights\/category\/company-news\/\" rel=\"category tag\">\n                    Company News\n                <\/a>\n            <\/li>\n            <\/ul>\n<div\n    class=\"bbg-spacer\"\n        style=\"height: 24px !important\"\n    >\n<\/div>    <h1 class=\"bbg-metadata bbg-metadata--title\">Bloomberg Government Launches New AI Tool with Innovation Studio Approach to Development<\/h1>\n<\/p>\n\n<\/div>\n\n\n                    <\/div>\n    <\/section>\n<\/div>\n\n<div  class=\"bbg-row-container\">\n    <section class=\"bbg-row  text--black row-padding--top-compact row-padding--bottom-none bbg-row--full-bg-bleed\" data-anchor='row-6a2579a5d06c2'>\n        \n        \n        <div\n            class=\"bbg-row--content\"\n                    >\n            \n            <p><div\n    class=\"bbg-column bbg-column--width-2\"\n    style=\"\"\n    >\n    \n<\/div><div\n    class=\"bbg-column bbg-column--width-8\"\n    style=\"\"\n    >\n    <p><div\n    class=\"bbg-spacer\"\n        style=\"height: 24px !important\"\n    >\n<\/div>    <p class=\"bbg-metadata bbg-metadata--date\">September 17, 2024<\/p>\n<\/p>\n\n<\/div>\n\n\n                    <\/div>\n    <\/section>\n<\/div>\n\n<div  class=\"bbg-row-container\">\n    <section class=\"bbg-row  text--black row-padding--top-none row-padding--bottom-none bbg-row--full-bg-bleed\" data-anchor='row-6a2579a5d2021'>\n        \n        \n        <div\n            class=\"bbg-row--content\"\n                    >\n            \n            <div\n    class=\"bbg-column bbg-column--width-8 bbg-column--offset-2\"\n    style=\"\"\n    >\n    <div\n\tclass=\"bb-wysiwyg\"\n\t\t>\n\t<p style=\"text-align: center\"><em>Bloomberg Government\u2019s latest AI product concepts help government affairs professionals better understand and influence policy <\/em><\/p>\n<p><strong>ARLINGTON, VA (September 17, 2024) <\/strong>\u2014 Today Bloomberg Government announced the launch of its AI Assistant, with the ability to ask a federal bill anything, as part of Bloomberg Government\u2019s Innovation Studio.<\/p>\n<p>The new AI Assistant allows government affairs professionals to ask questions of existing legislation, such as \u201cprovide a summary,\u201d \u201cdoes this affect any existing legislation,\u201d \u201cwho are the co-sponsors,\u201d and more, saving government affairs professionals valuable time.<\/p>\n<p>The AI Assistant is available to select Bloomberg Government customers in its Innovation Studio, a testing environment that offers access to new tools, including generative-AI product concepts currently under development for the platform.<\/p>\n<p>\u201cStaying ahead of policy developments can be formidable, especially when bills can be hundreds of pages in length and have deep dependencies on prior bill history or congressional testimony,\u201d said Kerry Lenahan, vice president of product, Bloomberg Government. \u201cWe know from Bloomberg Government\u2019s long history in AI that that by leveraging large language models (LLMs), we can redefine how government affairs professionals gain insights into legislation and to influence future policy.\u201d<\/p>\n<p>Customers have responded positively to the new AI assistant, noting that it fits well with existing workflows. \u201cI use GenAI when I\u2019m not really sure what I\u2019m looking for,\u201d said a senior research analyst at a multinational law firm. The ability of the AI Assistant to answer specific questions about a piece of legislation optimizes this research process, making it a key resource for government affairs professionals.<\/p>\n<p>The Innovation Studio was introduced by Bloomberg Industry Group in 2023. It is a customer-centric approach to incorporating feedback and iteration into the newest product concepts. The Bloomberg Government team works directly with clients, using their feedback to help define the best direction for the technology and ensure new products meet demand and fit workflows.<\/p>\n<p>For more information on Bloomberg Government\u2019s AI tools, visit <a href=\"https:\/\/about.bgov.com\/brief\/our-approach-to-ai\/\">https:\/\/about.bgov.com\/brief\/our-approach-to-ai\/<\/a>.<\/p>\n\n<\/div>\n\n\n<\/div>\n\n\n                    <\/div>\n    <\/section>\n<\/div>\n\n<div  class=\"bbg-row-container\">\n    <section class=\"bbg-row  text--black row-padding--top-compact bbg-row--full-bg-bleed\" data-anchor='row-6a2579a5ddff6'>\n        \n        \n        <div\n            class=\"bbg-row--content\"\n                    >\n            \n            <p><div\n    class=\"bbg-column bbg-column--width-2\"\n    style=\"\"\n    >\n    \n<\/div><div\n    class=\"bbg-column bbg-column--width-8\"\n    style=\"\"\n    >\n    <p><hr class=\"bbg-separator bbg-separator-2\" style=\"height:2px;\" \/>\n<div\n    class=\"bbg-spacer\"\n        style=\"height: 40px !important\"\n    >\n<\/div><div\n\tclass=\"bb-wysiwyg\"\n\t\t>\n\t<p><strong>About Bloomberg Government<br \/><\/strong>Bloomberg Government is a premium, subscription-based service that provides comprehensive information and analytics for professionals who interact with \u2013 or are affected by \u2013 the government. Delivering news, analytics, and data-driven decision tools, Bloomberg Government\u2019s digital workspace gives an intelligent edge to government affairs and contracting professionals. For more information or a demo, visit <a href=\"https:\/\/about.bgov.com\/\" rel=\"noopener\">Bloomberg Government.<\/a><\/p>\n\n<\/div>\n<div\n    class=\"bbg-spacer bbg-spacer--sm\"\n    >\n<\/div><div\n\tclass=\"bb-wysiwyg\"\n\t\t>\n\t<p><strong>Media Contact<\/strong><br \/>If you are a member of the media, <a href=\"mailto:bjohnson@bloombergindustry.com\">send us an email<\/a> and we will be in touch with you shortly.<\/p>\n\n<\/div>\n\n<\/div>\n\n\n                    <\/div>\n    <\/section>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg Government&#8217;s Innovation Studio tests new AI tools, enhancing legislative insights and client workflows.<\/p>\n","protected":false},"author":47,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"template-press.php","format":"standard","meta":{"_yoast_wpseo_primary_category":"","footnotes":""},"categories":[12],"tags":[],"event_category":[],"series":[],"class_list":["post-3579","post","type-post","status-publish","format-standard","hentry","category-company-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.11 - 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