The White House plans to release its much-discussed executive order on cybersecurity and AI safety as soon as this week, sources familiar with the matter told Axios' Ashley Gold.

• Why it matters: The order aims to bolster cybersecurity around advanced AI models and outlines a voluntary framework for AI developers to inform the government about new releases.

🖼️ The big picture: The cyber-capabilities of Anthropic's Mythos softened the Trump administration's full-speed-ahead approach to AI. But the convoluted drafting process has exposed how conflicted the administration is on the matter.

• The measures described to Axios fall far short of what some more hardline voices in Washington and across the country have been pushing at a time when anti-AI sentiment is rising.
• "Happy Talk," Steve Bannon, a first-term Trump official pushing for mandatory testing and regulatory approval, texted Mike. Bannon told us the big AI labs "will get there but it's going to be a fight."

What's inside: The executive order, as described in its current form, has at least two sections, the sources say — cybersecurity and "covered frontier models."

1. The cybersecurity component aims to secure the Pentagon and other national security agencies, boost cyber hiring, shore up cybersecurity systems at places like hospitals and banks, and encourage threat-sharing about breaches between the AI industry and government.
2. The frontier model component would involve multiple layers of government review to determine what qualifies as a "covered frontier model" and then assess such models before their public release.

👀 The intrigue: The draft calls for a "voluntary framework" for AI labs to share their models with the government at least 90 days before public release and also give access to certain critical infrastructure providers.

• Share this story.

Axios tech expert Ina Fried writes from Google's annual I/O conference, which draws 5,000 professional developers to Mountain View, Calif.:

Google is reinventing the product that made it one of the richest companies in history: search.

• Google DeepMind co-founder and CEO Demis Hassabis tells Ina in an interview that "agents in search is the next step. One of the cool things we get to do here at Google is build technologies that get immediately deployed into multibillion-dollar products."

Why it matters: Search is the cash cow that funds Google's sprawling empire. But it faces an existential threat from AI chatbots, so the company is moving proactively to upend its own core business before someone else does.

🔬 Zoom in: In what it billed as the biggest change to the search box since its debut, Google announced yesterday that it's allowing the box to expand for longer queries and chat-style exchanges.

• Google has been headed in this direction for a while. It already puts AI-generated summaries at the top of search results and has a more chat-like experience, AI Mode.
• But the company's announcement pushes that strategy much further, signaling Google's determination to keep users from drifting to standalone chatbots.

As part of that effort, Google is bringing the hottest trend in AI — agents — into search.

• Instead of just finding out when your favorite band is coming to town, users can create a standing query that alerts them if any of the acts announce shows nearby.
• Similar "information agents" can help with recurring questions about shopping and news.

🕶️ On the hardware front, Google is finally moving forward with AI glasses, more than a decade after the flop of Google Glass. Meta has had success here with its Ray-Ban smart glasses, and Google sees its AI and search prowess as a way to stand out from its rival.

• Google said the audio-only version of the smart glasses, being co-developed with Samsung and eyewear makers Warby Parker and Gentle Monster (pictured above), will be available this fall.

🔮 What's next: Hassabis says his timeline on when to expect AGI is roughly the same as he's been estimating for the past few years. Expect it in 2030, "maybe plus or minus one year," he tells Axios.

• Share this story ... Everything Google announced.

Rep. Thomas Massie lost his primary last night to Ed Gallrein by 10 points (55% to 45%) — a huge win for President Trump's relentless campaign to oust the Kentucky Republican, Axios' Kate Santaliz and Alex Isenstadt write.

• 💰 It was the most expensive U.S. House primary ever.

Why it matters: Massie's loss sends another warning to Republicans about the dangers of crossing Trump and shows that the president's broader political problems haven't diminished his power with the base.

🏛️ The big picture: Massie was the target Trump hungered for most on his revenge tour.

• Trump announced his desire to defeat Massie last June, and his political team immediately launched a PAC solely devoted to defeating the congressman.
• The White House recruited a Massie challenger, ultimately settling on Gallrein, whose military background Trump's advisers found appealing.
• The fight between Massie and Gallrein was the most expensive House primary in history, drawing more than $32 million in ad spending, according to AdImpact.

👓 Between the lines: Trump has taken out a number of Republican politicians who crossed him.

• Sen. Bill Cassidy (R-La.), a top target of the president, lost his reelection bid Saturday when he failed to finish in the top two in the state's GOP primary.
• Trump exacted retribution on a group of Indiana Republican state legislators who blocked his push to redraw the state's congressional map.

Kentucky results ... Takeaways from primaries in Alabama, Georgia, Idaho, Kentucky, Oregon and Pennsylvania ... Share this story.

Latino voters have soured on President Trump after powering his 2024 comeback, Axios' Justin Green writes.

• Why it matters: Republicans hoped Trump's gains represented a realignment, but poll after poll suggests Latino voters are up for grabs in the midterms.

🧮 By the numbers: Latino registered voters in 17 House swing districts remain fluid after Trump's 2024 breakthrough, according to a TelevisaUnivision/Harris poll out this morning.

• 52% say they are undecided or could still change their minds in the midterms.
• 73% say they are merely "surviving" financially. Neither party can escape cost-of-living frustration, including among Latinos.

Keep reading.

Secretary of State Marco Rubio is marking Cuban Independence Day today with a Spanish-language video message to the people of the island that blamed their "unimaginable hardships" on their communist leadership, Axios' Marc Caputo writes.

• Why it matters: This is the first time Rubio has addressed the Cuban people directly as secretary of state. It's part of the Trump administration's multilayered pressure campaign targeting Havana.

Rubio says in the speech: "The real reason you don't have electricity, fuel, or food is because those who control your country have plundered billions of dollars, but nothing has been used to help the people."

• Later today, the Justice Department will unveil an indictment of Cuba's de facto leader, Raúl Castro, for allegedly ordering the shootdown of two Miami-based rescue planes in 1996.

🔭 Zoom in: Rubio's speech focuses on the Cuban military business conglomerate known as GAESA — founded by Castro — that has an estimated $18 billion in assets and controls 70% of Cuba's economy.

• "Cuba is not controlled by any 'revolution.' Cuba is controlled by GAESA," Rubio says.
• "The only role played by the so-called 'government' is to demand that you continue making 'sacrifices' and repressing anyone who dares to complain."

The other side: Cuba's government and supporters blame the island's troubles on the longstanding U.S. embargo, the Trump administration's new sanctions and the loss of free Venezuelan oil.

• Rubio says the Trump administration is offering "$100 million in food and medicine for you, the people," but it needs to be distributed by the "Catholic Church or other trusted charitable groups. Not stolen by GAESA to sell in one of their stores."

Watch Rubio's speech ... Share this story.

Small business profits are sinking as owners get squeezed by rising labor costs and energy prices spiking from the Iran war, Axios' Nathan Bomey writes from a new Bank of America Institute report.

• Why it matters: Businesses with fewer than 250 workers created half of all new jobs over the past half-decade.

By the numbers: Small business profitability in April suffered its biggest decline in two years, falling 1.3% after gas prices spiked, according to the report.

• Small businesses spent 31% more on gasoline in April than they did a year earlier, according to the BofA Institute report.
• The average price of gas is $4.56 today, up 40%+ from a year earlier.

Share this story.

Colin Demarest, who writes our weekly Future of Defense newsletter, traveled to Taiwan for this dispatch:

TAIPEI — There's a postmortem playing out here after Chinese President Xi Jinping warned President Trump to be careful on Taiwan, and Trump responded with ambivalence about U.S. arms sales and the island's chances in any conflict.

• Why it matters: Some Trump advisers left the summit thinking a Chinese move on Taiwan was growing more likely. But in Taipei, there was no panic, at least on the surface.

Taiwanese officials continue to push for arms deliveries while also emphasizing self-defense initiatives, indigenous defense tech and critical infrastructure.

• There is unsurprisingly a "very high degree of sensitivity" in Taiwan about military aggression and information warfare from China, said Tsung-Yi Tang, a representative for civil-defense organization Kuma Academy.
• "But in terms of the daily operations, actually we are still more relaxed."

Keep reading.

Members of Congress and their families watch President Trump, accompanied by First Lady Melania Trump, speak on the South Lawn last night during the annual congressional picnic.

House Speaker Mike Johnson (R-La.) greets a future voter.

• Picnic menu.