The DeepMind Institute, launched today, seeks to provide a forum for Google, DeepMind and outside researchers to tackle the biggest questions around artificial general intelligence, per an announcement shared with Axios' Maria Curi.

• The institute — led by Shane Legg as managing editor alongside Google SVP James Manyika and DeepMind Chair Demis Hassabis — aims to make complex academic research accessible to the public and highlight the diversity of perspectives.

🤖 The institute launched with inaugural publications exploring economic policy for AGI, model reasoning transparency, global access and human flourishing. (Have a look.)

• An introductory essay from Hassabis, Manyika and Legg notes that Google, Google DeepMind and the broader global research community "will not always agree, and they will likely change their minds, as more data and information comes to light at the fast-moving frontier."
• They add that the institute was created "because broad-based intellectual discussion and debate are required to arrive at a consensus about how to address the challenges and opportunities we face as a society."

🖼️ The big picture: The institute comes as calls for international collaboration on AI reach a fever pitch — including with the U.S.' biggest adversary.

• Manyika tells Axios: "Humanity has to be a part of this. I don't know how we think about safety and responsibility on a country-by-country basis. This is a global technology that will be used by everybody."

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The 2028 Summer Olympics could generate over $40 billion and create nearly a quarter-million jobs, the L.A. Times reports from a new analysis.

• Those are the high-end figures in a report conducted for LA28, the organizing committee behind the Los Angeles Games.

🌹 The report's less-rosy scenarios put increased economic output at around $20 billion–$25 billion, or $35 billion–$40 billion.

Reality check: Pre-Olympics estimates have a history of overstating the Games' economic payoff — sometimes dramatically so.

• One projection ahead of the 2024 Paris Olympics called for $12.8 billion in net economic benefits. The actual result: just $2.3 billion.

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1. 👩‍💼 Kristen Silverberg, a policy expert and former ambassador, was named the new president and CEO of Business Roundtable, the top policy voice of America's leading CEOs. Silverberg, now BRT's COO, will succeed Josh Bolten, a former White House chief of staff who has led the organization for the past decade, when he steps down Jan. 31. Go deeper.
2. 🏦 The Federal Reserve raised interest rates a quarter point — and hinted that another rate hike is on the way this year. More from Axios' Neil Irwin.
3. 📄 Charlie Kirk's family blamed Utah officials for failing to prevent the conservative activist's assassination, filing a wrongful death notice that presages a possible lawsuit. Get the latest.
4. 🎙️ Tech journalists and former "Hard Fork" hosts Kevin Roose and Casey Newton are starting a new NPR show about AI. "Machine Gods" will launch in October as a twice-weekly, video-first show about the consumer, enterprise and policy implications of AI. The show will be built for YouTube but also distributed as a podcast, with one episode focusing on interviews and another on news and analysis, Newton told Axios. NPR plans to bring the show to radio in early 2027. Go deeper.

Ed Sheeran's tour has been rocked by the decision to drop Macklemore as an opener because of the rapper's onstage pro-Palestinian comments.

• All of Sheeran's other supporting acts have since dropped out — including a group that performs with Sheeran during part of the show.

Sheeran, who's scheduled to perform in Philadelphia on Saturday, said that the tour promoter made the decision to cut Macklemore.

• Macklemore has said that his removal was the result of an effort led by Robert Kraft, the billionaire owner of the New England Patriots.

What to know.