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Happy Wednesday! This week is proving that the AI industry moves faster than anyone can keep up with. OpenAI's Pentagon deal went from headline victory to full-blown brand crisis in under five days. Meanwhile three major labs shipped new models within 24 hours of each other and venture capital just posted the biggest funding month in history.

In today's Generative AI Newsletter:

  • OpenAI walks back its Pentagon contract after massive backlash.

  • Alibaba, Google and OpenAI all ship new models targeting speed and cost.

  • VC funding hits $189B in February, up 780% year over year.

  • Cursor's AI agent solves an open math research problem autonomously.

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