Chinese President Xi Jinping visited an AI incubator in Shanghai, calling on the city to take the lead in AI development and governance. The Shanghai Foundation Model Innovation Center, a large model incubator with over 100 enterprises, aims to fortify Shanghai's pursuit of establishing a world-class AI industry cluster. Xi also inspected the New Development Bank (NDB), where he met with Dilma Rousseff, president of the institution, and called on the bank to consider the development needs of the Global South. The NDB has approved over 100 projects in BRICS countries for approximately $35 billion by the end of 2023, enriching the practice of South-South cooperation and setting an example for multilateral cooperation.
https://www.prnewswire.com/news-releases/cgtn-how-china-speeds-up-ai-development-advances-high-quality-global-south-cooperation-302442016.htmlMeta Platforms, led by Mark Zuckerberg, reported $42.31 billion in revenue for the first quarter, beating analyst estimates of $41.40 billion. This growth is attributed to the effectiveness of its artificial intelligence-powered tools in attracting advertising dollars despite economic concerns. The company lowered its total expenses forecast for the year to between $113 billion and $118 billion.
https://nypost.com/2025/04/30/business/meta-platforms-shares-rise-as-revenue-beats-forecasts-on-boost-from-ai-tools/Nvidia CEO Jensen Huang has urged US President Trump to change regulations for exporting artificial intelligence technology from the US, allowing American businesses to better capitalize on global opportunities.
https://news.bloomberglaw.com/artificial-intelligence/nvidia-ceo-urges-trump-to-change-rules-for-ai-chip-exports-1Chinese President Xi Jinping emphasized the need to strengthen fundamental research and boost innovation capacity in China, with a focus on expanding AI applications across industries. He pledged increased policy support for areas such as government procurement, intellectual property protection, and talent development. Xi also called for faster legislation and regulatory frameworks to manage AI system risks, ensuring they are safe, reliable, and controllable. This comes after recent signs that China is narrowing its AI gap with the US, with a Chinese startup releasing a large language model that matched Western performance benchmarks using less advanced chips.
https://www.geo.tv/latest/602604-xi-calls-for-ai-self-reliance-as-china-competes-with-united-statesInterview Kickstart offers a flagship machine learning course that equips aspiring engineers with the necessary skills and knowledge to excel in the field, aiming to help them secure jobs at top companies like Meta, which values expertise in machine learning.
https://www.manilatimes.net/2025/04/30/tmt-newswire/globenewswire/interview-kickstart-releases-ml-engineer-course-with-interview-prep-machine-learning-engineer-interview-course-2025/2102167Scope Technologies, a quantum-resistant encryption company, is gaining traction as the healthcare sector prepares for potential $9 billion in year-one costs due to proposed HIPAA updates. With its platform aligning with US Department of Health and Human Services regulations, Scope has strengthened its leadership team by appointing Ted Carefoot as VP of Product, bringing expertise in cybersecurity and AI-powered cloud infrastructure from his previous roles at EA and Disney. As quantum computing advances, Scope's solutions are designed to counter "Harvest Now, Decrypt Later" threats, where attackers steal encrypted data with plans to break it using quantum power. IBM is investing $150 billion over five years, including $30 billion for expanding its quantum and mainframe systems, while Arqit Quantum Inc. has teamed up with Intel Corporation and Equus Compute Solutions to launch a first-of-its-kind quantum-safe system for classified mobile communication. D-Wave Quantum Inc. is installing a powerful new quantum computer in Huntsville, Alabama, which will help solve complex national defense problems using advanced optimization.
https://www.prnewswire.com/news-releases/quantums-rise-could-mirror-the-ai-boomonly-faster-302443276.htmlProfessor Yoki Chin, president of Future Studios, launched a film at TGV KLCC in Kuala Lumpur, Malaysia, showcasing the potential of AI-generated visuals in filmmaking. Chin stated that this marks the beginning of a new era for cinema, where AI becomes a tool for cultural storytelling and creative expression. He emphasized that AI is meant to augment human creativity, not replace it. The film, Pirate Queen: Zheng Yi Sao, is set to be released in cinemas in June or July this year.
https://channelnewsasia.com/entertainment/singapore-malaysia-film-world-first-ai-generated-5099321IBM and Mint are collaborating to explore the AI revolution in consulting, with a focus on leveraging artificial intelligence to enhance advisory services. The partnership aims to provide clients with data-driven insights and personalized recommendations. IBM's expertise in AI will be combined with Mint's market research capabilities to deliver innovative solutions for businesses.
https://www.livemint.com/brand-stories/unpacking-the-ai-revolution-in-consulting-with-ibm-and-mint-11746016843228.htmlOpenAI has rolled back an update to its ChatGPT AI chatbot that produced overly fawning responses for some users, citing concerns over "sycophantic" interactions that can be uncomfortable and distressing. The update change comes as the company navigates a heated AI contest.
https://news.bloomberglaw.com/ip-law/openai-reverses-update-that-made-chatgpt-fawning-disingenuous