We’ll take it from here 👐- AI giants link up to regulate each other, Empire agrees to end property controls.

Three of the world’s biggest AI companies are forming their own safety group to set standards for frontier models, as a string of rogue-agent hacking incidents raises pressure on the industry to prove it can control the technology it is building. Plus, Empire has reached a legally binding deal to end property controls in its leases, opening more retail space to rival grocers and removing one barrier to competition — even if it won’t bring down grocery prices overnight. And in The Big Picture: Mark Carney says Canada’s shift away from the U.S. will outlast Donald Trump, Trump and Xi signal warmer relations, Cohere and Bell launch an AI cybersecurity model, Starbucks closes more locations, Flock Safety considers a sale, and more. The Peak Daily is produced in partnership with reframevid.com