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By some measures, air travelers have enjoyed a less stressful summer than last year, but canceled flights remain elevated as airlines face their last big test of the prime vacation season: Labor Day weekend.

The Federal Aviation Administration predicts that this will be the third busiest holiday weekend of the year so far, behind only the Juneteenth weekend, which included Fathers Day, and the Presidents Day break.

Hurricane Idalia should be heading away from the Atlantic Coast as most holiday revelers hop in cars or head to the airport.

Airlines canceled several dozen flights in Florida and Georgia scheduled for Thursday but very few for Friday, according to tracking service FlightAware.

Tampa International Airport said it would resume normal operations including departing flights early Thursday.

Travelers can check conditions where they are going on the FAA website. The FAA predicted that this will be the third busiest holiday weekend of the year so far. AP

Thursday figures to be the busiest day in US airspace, with 52,203 flights scheduled, followed by 49,111 flights on Friday, according to the FAA.

After a lull on Saturday and Sunday, flights are scheduled to pick back up Monday and Tuesday.

The numbers include airline, military and some private flights. Several dozen flights were canceled in Florida and Georgia scheduled for Thursday, according to tracking service FlightAware. AP

The Transportation Security Administration expects to screen more than 14 million passengers from Friday through Wednesday, up nearly 11% over the same weekend last year.

AAA said bookings for domestic travel flights, hotels, rental cars, and cruises are running 4% higher than Labor Day last year.

The auto club and insurance seller said international bookings are up a staggering 44% now that COVID-19 restrictions have been lifted, with the top destinations being Vancouver, Rome, London, Dublin, and Paris. Travelers stand in line at the Tom Bradley International Terminal at LAX on Aug. 30, 2023. AP

Gasoline prices are similar to last year. The nationwide average was $3.83 a gallon on Wednesday, a penny less than a year ago, AAA reported.

On many planes this weekend, every seat is expected to be filled, capping a busy summer.

American Airlines expects to carry nearly 3.5 million passengers on about 32,000 flights between Thursday and next Tuesday. Flight attendants and travelers make their way through the Tom Bradley International Terminal at LAX on Aug. 30, 2023, in Los Angeles. AP

United Airlines is predicting its biggest Labor Day weekend ever, with nearly 2.8 million passengers in that same six-day stretch.

TSA figures show that the number of travelers going through US airport checkpoints in August is 2% higher than in August 2019, before the pandemic.

The good news for travelers is that the rate of canceled flights is down about 19% from last summer, according to data from tracking service FlightAware. Travelers maneuver in and out of the Tom Bradley International Terminal at LAX on Aug. 30, 2023, in Los Angeles. AP

Still, the 1.8% cancellation rate since June 1 is a tick higher than during the same period in 2019, and flights delays are even more common than last summer.

Weather has accounted for about three-fourths of all airline delays this year, according to the FAA, but at other times the volume of flights has been too much for FAA air traffic control centers, many of which are understaffed.

Travelers have enjoyed a bit of a break from last years skyrocketing airfares.

The average fare for a domestic flight in July was down 9% from June and 19% from last July, according to the governments consumer price index.

However, the index sample is skewed toward discount airlines the biggest airlines have reported that their prices are closer to 2022 levels.

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IRS wants court to toss crypto exec’s appeal over bank record summons

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IRS wants court to toss crypto exec’s appeal over bank record summons

The US tax agency claims it complied with financial privacy laws when it summoned banks for crypto founder Rowland Marcus Andrade’s financial records.

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Chinese tech giant Baidu to release next-generation AI model this year as DeepSeek shakes up market

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Chinese tech giant Baidu to release next-generation AI model this year as DeepSeek shakes up market

Men interact with a Baidu AI robot near the company logo at its headquarters in Beijing, China April 23, 2021.

Florence Lo | Reuters

BEIJING — China’s Baidu plans to release the next generation of its artificial intelligence model in the second half of this year, according to a source familiar with the matter, as newer players such as DeepSeek disrupt the segment.

Ernie 5.0, called a “foundation model,” is set to have “big enhancements in multimodal capabilities,” the source said, without specifying its functions. “Multimodal” AI can process texts, videos, images and audio to combine them as well as convert them across categories — text to video and vice-versa, for instance.

Foundation models can understand language and perform a wide array of tasks including generating text and images, and communicating in natural language.

Baidu’s planned update comes as Chinese companies race to develop innovative AI models to compete with OpenAI and other U.S.-based companies. In late January, Hangzhou-based startup DeepSeek prompted a global tech stock sell-off with the release of its open-source AI model that impressed users with its reasoning capabilities and claims of undercutting OpenAI’s ChatGPT drastically on cost.

“We are living in an exciting time … The inference cost [of foundation models] basically can be reduced by more than 90% over 12 months,” Baidu CEO Robin Li said at the World Governments Summit in Dubai this week. That’s according to a press release of his fireside chat with Omar Sultan Al Olama, UAE’s minister of state for artificial intelligence, digital economy, and remote work applications.

“If you can reduce the cost by a certain percentage, then that means your productivity increases by that kind of percentage. I think that’s pretty much the nature of innovation,” Li noted.

Baidu was the first major Chinese tech company to roll out a ChatGPT-like chatbot called Ernie in March 2023. But despite initial momentum, the product has since been eclipsed by other Chinese AI chatbots from startups as well as large-tech companies such as Alibaba and ByteDance.

While Alibaba shares have soared 33% for the year so far, Baidu shares are up 6%. Tencent has notched gains of about 4% for the year so far. ByteDance is not listed.

Goldman Sachs: China stands to gain as AI focus shifts toward applications layer

Baidu’s Ernie model already supports the integration of generative AI across a range of the company’s consumer and business-facing products, including cloud storage and content creation.

Last month, Baidu said its Wenku platform for creating presentations and other documents had reached 40 million paying users as of the end of 2024, up 60% from the end of 2023. Updated features, such as using AI to generate a presentation based on a company’s financial filing, started being rolled out to users in January.

The current version of the Ernie model is Generation 4, released in Oct. 2023. An upgraded “turbo” version Ernie 4.0 was released in August 2024. Baidu has not officially announced plans to release the next generation update.

The latest version of OpenAI’s ChatGPT, GPT-4o, was released in May 2024. OpenAI CEO Sam Altman said in a Reddit “ask me anything” session earlier this month that there wasn’t a public timeline for GPT-5’s release.

Baidu did not respond to a request for comment.

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US and UK decline to sign international agreement for ethical AI

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US and UK decline to sign international agreement for ethical AI

The US and UK snubbed signing an international AI agreement, with US Vice President JD Vance claiming that “excessive regulation of the AI sector could kill a transformative industry.”

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