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AXIOS (Madison Mills) - Cheap, powerful AI models are increasing usage, a bullish sign for the AI boom

AI companies have competed on having the best and often most dangerous models for years. Now, they're pivoting to a new focus: cost. Why it matters: The biggest risk to the AI boom is demand, and recent innovations to make models cheaper while maintaining powerful levels of intelligence have offered a bullish signal. - As the prices of top models from OpenAI, Anthropic and others come down, usage is increasing dramatically, a trend that points to the kind of demand that will be necessary to justify trillions of dollars in spending. State of play: It's modelpalooza in the AI world this week, with OpenAI, Anthropic, SpaceX and some Chinese model providers all offering new releases. Most of them are offering shocking levels of intelligence…

AI companies have competed on having the best and often most dangerous models for years. Now, they're pivoting to a new focus: cost. Why it matters: The biggest risk to the AI boom is demand, and recent innovations to make models cheaper while maintaining powerful levels of intelligence have offered a bullish signal. - As the prices of top models from OpenAI, Anthropic and others come down, usage is increasing dramatically, a trend that points to the kind of demand that will be necessary to justify trillions of dollars in spending. State of play: It's modelpalooza in the AI world this week, with OpenAI, Anthropic, SpaceX and some Chinese model providers all offering new releases. Most of them are offering shocking levels of intelligence…Open

AXIOS (Avery Lotz) - Exclusive: Trump adviser ties high gas prices to refining

The affordability of gasoline remains "the top issue that the president looks at," Trump energy adviser Jarrod Agen said at an Axios House event Tuesday. Why it matters: The Trump administration is championing energy savings from its deregulatory push as overseas conflicts, including the Iran war, rattle oil markets, driving up fuel costs and threatening an expensive winter for millions of households. - Tuesday's national average gas price was roughly $4.48, up from around $3.18 a year ago, per AAA . Driving the news: Asked by Axios' Amy Harder if the president takes responsibility for the higher prices Americans are paying, Agen said that the president's "long-term goal is preventing Iran" from having "nuclear capabilities." - "He…

The affordability of gasoline remains "the top issue that the president looks at," Trump energy adviser Jarrod Agen said at an Axios House event Tuesday. Why it matters: The Trump administration is championing energy savings from its deregulatory push as overseas conflicts, including the Iran war, rattle oil markets, driving up fuel costs and threatening an expensive winter for millions of households. - Tuesday's national average gas price was roughly $4.48, up from around $3.18 a year ago, per AAA . Driving the news: Asked by Axios' Amy Harder if the president takes responsibility for the higher prices Americans are paying, Agen said that the president's "long-term goal is preventing Iran" from having "nuclear capabilities." - "He…Open