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Google DeepMind has launched the DeepMind Institute (DMI), a new platform for research and debate on Artificial General Intelligence (AGI). Led by Shane Legg and Demis Hassabis, DMI aims to ensure safe AGI development, addressing risks like cybersecurity and economic disruption. It will host diverse perspectives on AGI's future.

Bank of England Governor Andrew Bailey has warned that artificial intelligence may soon require rationing due to its escalating energy demands outstripping available power supplies. He stated that governments face "very big social choices" in prioritizing AI applications, citing examples like healthcare versus defense. Evidence of grid strain is already emerging in the EU and US, underscoring the urgency of this infrastructural challenge.