A recent (Q1/2025) report from Artificial Analysis delves into the capabilities and emerging trends of frontier AI models. The report identifies six key themes:
Continued AI progress across all major labs, the widespread adoption of reasoning models that "think" before answering, increased efficiency through Mixture of Experts architectures, the rise of Chinese AI labs rivaling US capabilities, the growth of autonomous AI agents, and advances in multimodal AI across image, video, and speech.
There is a lot to unpack in the report, but the key chart might be this:
All frontier models are converging on the same set of capabilities and the quality of those, which means that we will (and are already seeing) a brutal race to maintain their position in the peloton with further increased price pressure. This brings up the question of how these companies might justify their insane valuations…