🤖 Baidu Eyes a New Reasoning Model Before Month’s End
Looks like Baidu’s turning up the heat with plans to roll out a fresh “reasoning model” before August taps out. Supposedly it’s built for the harder, twistier multi-step logic stuff - think of it as the more book-smart cousin to your average AI chatbot. And yep, Ernie 5.0 is queued right behind it. Feels like China’s keeping the accelerator floored, chip supply headaches or not.
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😬 AGI by 2027? Ex-Google Exec Says… Brace Yourself
Mo Gawdat’s giving us a two-year countdown to artificial general intelligence, and it’s not exactly a utopian postcard. His version includes mass layoffs, messy economics, and 99.9% of people shoved into “digital-age peasantry” unless governments somehow get the guardrails perfect. He’s hopeful, sort of - but you can feel the nervous laugh behind it.
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📉 Axios: AI’s Cheapening Startups - But Not Everyone’s Thrilled
Apparently AI’s slicing the price tag for starting a company - Axios says some teams are hitting Series A after spending 80% less than usual at seed stage. Founders? Over the moon. VCs? A little twitchy. Most of the savings are happening in app-layer projects rather than the heavy-lift model building. Elsewhere on the money front: Firefly Aerospace IPO’d at $868M, biotech’s pulling in big raises, and M&A’s still lively.
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