In brief Microsoft’s MAI-Image-2 is a new state-of-the-art AI image generation model The model puts Microsoft in as the third-best AI lab on the Image Arena leaderboard thanks to its strong realism and text rendering. Strict filters, usage caps, and missing features currently limit real-world usefulness, however. Microsoft has been quietly building its own image generator. Announced Thursday by the company’s AI Superintelligence team, MAI-Image-2 has already landed at #3 on the Arena.ai leaderboard—behind only the models from Google and OpenAI—making Microsoft a legitimate player in a space it had previously outsourced to its partners.That last part is worth sitting…

Bitcoin BTC$70,426.40 drifted toward $69,000 on Thursday as the deepening conflict in Iran is spiraling across the Middle East, hitting energy infrastructure and spilling into global markets.Oil remained at the center of the action, as investors pulled back from risk amid fresh headlines around attacks on energy infrastructure. Prices swung back toward $100 a barrel after a Politico report said the U.S. is not considering a crude export ban, reversing earlier declines and keeping inflation worries alive.That backdrop weighed on traditional markets, especially as investors began to consider that central banks might delay rate cuts or even mull rate hikes,…

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