The electric vehicle (EV) market is undergoing significant shifts, with Tesla facing increased competition and the potential for rising consumer costs, according to multiple news sources. Simultaneously, the burgeoning artificial intelligence (AI) sector is raising both excitement and concerns, while other major news stories include health policy and business deals.
Tesla, once the dominant force in the EV market, lost its title as the world's largest EV maker to China's BYD last year, according to Wired. The market is now seeing a surge of new entrants, with many automakers, including luxury brands, racing to release their own EVs. However, some companies are also scaling back production plans, raising questions about the market's future direction. Wired is hosting a livestream to discuss the hype, reality, and future of EVs, exploring questions such as whether the US will build out EV charging infrastructure quickly enough and if an American company will ever dominate the market again.
The expansion of data centers, driven by the AI boom, is also impacting consumers. Goldman Sachs analysts warned that middle-class Americans are likely to see higher electricity bills and potentially increased costs for food, transportation, and clothing, according to Fortune. The analysts forecasted that consumer electricity inflation would jump 6% from 2026 to 2027 before decelerating to 3% the following year. Data center deals crested above $61 billion in 2025 as hyperscalers rushed to expand their computational power in the AI race.
In other news, OpenAI discontinued some AI models, reflecting the ongoing developments and ethical considerations within the AI field, as reported by Variety. Time reported on concerns about AI safety.
Meanwhile, the US deputy health secretary, Jim O'Neill, is focused on increasing human healthspan through longevity-focused research, according to MIT Technology Review. O'Neill oversees a department with a budget of over a trillion dollars and signed the decision memorandum on the US's new vaccine schedule.
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