The Fed Chair and the Treasury Secretary didn't convene an emergency bank briefing for just any AI story — and yet, here we are. Plus: one of the biggest names in AI is having a week that keeps getting worse, a video model just reshuffled the entire market overnight, and a tool out of Oxford may have just changed what it means to get a routine CT scan. DARPA is quietly funding something that could rewrite how AI agents talk to each other — and the AI ethics battle is landing in state legislatures in ways that will affect every company building in this space.

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Meta's secretive new AI lab finally shipped its first model — and it's more serious than the skeptics expected. Meanwhile, researchers ran AI through 21 nuclear war games and got a result that should stop everyone cold. We've also got the Q1 venture funding numbers, and the concentration of capital is unlike anything this industry has seen before. Plus: one of the biggest AI companies just published a policy paper arguing for something that would have seemed unthinkable from them even a year ago. All that and more in today's episode.

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An AI that can email its own researchers from an instance with no internet access - and they're not releasing it. A Chinese open-source model just beat every frontier lab on the top coding benchmark. A man with ALS spoke in his own voice for the first time in years. And the most comprehensive study ever run on AI doing real work just came back with a number that will stop you cold. All that, plus why Intel just joined Elon Musk's most ambitious compute bet yet.

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