Welcome to Eye on AI. In this edition…AI is outperforming some professionals…Google plans to bring ads to Gemini…leading AI labs team up on AI agent standards…a new effort to give AI models a longer memory…and the mood turns on LLMs and AGI.

Greetings from San Francisco, where we are just wrapping up Fortune Brainstorm AI. On Thursday, we’ll bring you a roundup of insights from the conference. But today, I want to talk about some notable studies from the past few weeks with potentially big implications for the business impact AI may have. First, there was a study from the AI evaluations company Vals AI that pitted several legal AI applications as well as ChatGPT against human lawyers on legal research tasks. All of the AI applications beat the average human lawyers (who were allowed to us

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