President Trump said during a Tuesday press interview alongside Ukrainian President Volodymyr Zelensky that he has also 'called for' a ban on U.S. diesel exports, joining other conservative voices who endorse the policy. Why it matters: Trump's endorsement marks a shift for an administration that has resisted calls to restrict fuel exports, as record diesel prices squeeze farmers and truckers and fuel Republican concerns ahead of the midterms . - Economists and energy analysts say the move could benefit America in the short term but would likely raise prices globally, including in the U.S. This is a breaking news story and will be updated.
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…