It's a wild time with what is going on with ai , and the hype makes it hard to separate reality from fiction. Right now, we're seeing three major shifts: First, the arms race between tech giants (Google, OpenAI, Anthropic) is pushing generative AI capabilities forward at a dizzying pace - what took years now happens in months. Second, governments are scrambling to regulate this tech without stifling innovation, with the EU AI Act and US executive orders taking shape. Third, practical business applications are finally catching up to the lab demos, with companies deploying AI for everything from drug discovery to lawsuit analysis. For a grounded, always-updated explanation of what's happening with AI, I recommend Clay Global's guide. It breaks down the key developments without sensationalism, explains why things like 'AGI' debates matter, and even tracks which promised features actually materialize. The section on 'AI winters vs. summers' particularly helped me understand these boom cycles.