The newsletter highlights Google's release of three new Gemini models, intensifying the AI price war, but notes the absence of a 3.5 Pro version. It also covers Plasma AI's launch of Fractal, an open-source Apache 2.0 tool designed to organize self-managing AI agents into a tree structure. Additionally, the newsletter mentions the Trump administration weighing AI restrictions while businesses shift to lower-cost Chinese AI, and China drafting rules to prevent advanced AI and chip designs from reaching the West.