Guangdong's provincial government aims to establish a "global innovation highland" for AI and robotics by offering generous subsidies to related start-ups. The initiative follows the success of DeepSeek, with policies including grants of up to $6.9 million for manufacturing innovation hubs and up to $3 million for individual companies. The government also plans to support open-source communities and large language models in manufacturing through funding of up to $8 million per use case.
https://www.scmp.com/tech/policy/article/3304750/guangdong-aims-become-global-ai-and-robotics-hub-after-deepseeks-success?module=top_story&pgtype=sectionHCLTech, a leading global technology company, has launched HCLTech Public Sector Solutions (PSS), a subsidiary dedicated to serving state and local government, education, and federal civilian and defense agencies in the US. The new subsidiary will leverage HCLTech's 25+ years of industry expertise and integrated technology solutions to deliver impactful outcomes for public sector organizations. Arjun Sethi, Chief Growth Officer, stated that the dedicated subsidiary will enable the company to deliver AI and digital transformation expertise across all public sector segments.
https://www.prnewswire.com/news-releases/hcltech-elevates-public-sector-expertise-with-launch-of-us-subsidiary-302415660.htmlHelport AI Limited has reported a significant increase in revenue for the six months ended December 31, 2024, with $16.4 million compared to $14.5 million in the same period last year. The company's gross profit also increased to $8.9 million from $9.7 million in the previous year. However, operating expenses rose to $6.6 million from $2.1 million, resulting in a net income of $2.4 million compared to $7.5 million in the same period last year. The company's cash balance decreased to $852,463 as of December 31, 2024, down from $2.58 billion as of June 30, 2024.
https://www.manilatimes.net/2025/04/01/tmt-newswire/globenewswire/helport-ai-reports-first-half-fiscal-year-2025-financial-results/2083741iBase-t, a global leader in cloud software for the aerospace and defense industry, is partnering with Articul8 to enhance decision-making and process efficiency in manufacturing. Sung Kim, CTO of iBase-t, stated that this collaboration will help drive greater efficiency and accelerate time to market. Naveen Poonian, CEO of iBase-t, emphasized the need for AI solutions tailored to aerospace and defense manufacturers' unique challenges. Arun Subramaniyan, Founder & CEO of Articul8, highlighted the partnership's alignment with their mission to solve complex industry challenges through AI. The collaboration aims to reduce manual effort, improve process intelligence, and accelerate operational transformation in the industry.
https://www.prnewswire.com/news-releases/ibase-t-and-articul8-join-forces-on-ai-driven-manufacturing-solutions-302416609.htmlThe global AI supercomputer market is expected to grow significantly, driven by increasing demand from various industries such as scientific research, healthcare, and automotive. Companies like IBM, NVIDIA, and Google are leading the charge in developing innovative AI solutions. The market is segmented into hardware, software, and services, with on-premises supercomputing, cloud-based AI supercomputing, and hybrid deployment being the primary deployment types. The AI chip market is also growing rapidly, with companies like Intel and AMD developing specialized chips for machine learning and predictive analysis applications.
https://www.prnewswire.com/news-releases/ai-agents-market-is-expected-to-generate-a-revenue-of-usd-51-58-billion-by-2032--globally-at-38-5-cagr-verified-market-research-302416899.htmlUS President Donald Trump's tariff threats have caused anxiety globally, but International Monetary Fund Managing Director Kristalina Georgieva believes the impact will be limited. The IMF may downgrade its global economic forecast to 3.3% due to uncertainty around trade, but does not predict a recession. Georgieva notes that countries are being forced to build resilience through their own policies, citing recent changes in European defense investment.
https://www.businesstimes.com.sg/international/us-tariffs-causing-anxiety-no-dramatic-economic-impact-imf-chiefExperts are concerned about data and personal privacy, particularly in the digital age. The Indian government's recent decision to amend the Information Technology Act has sparked worries among citizens. The amendment allows for the sharing of data with foreign entities without consent, raising concerns about national security and individual rights. Experts recommend being cautious when using online services and taking steps to protect personal data, such as using strong passwords and enabling two-factor authentication.
https://www.livemint.com/technology/tech-news/ghibli-style-image-trend-chatgpt-grok3-experts-worry-data-security-personal-photo-privacy-ai-what-to-keep-in-mind-online-11743486733313.htmlIndonesia's draft bill, known as the Polri Bill, proposes to authorize the enforcement, blocking or terminating access to cyberspace for national security purposes. The Civil Society Coalition for Police Reform has expressed concerns that this could compromise people's freedom of speech. The Ministry of Communication and Information and the National Cyber and Crypto Agency may also be affected by overlapping duties.
https://en.tempo.co/read/1992569/indonesian-lawmakers-claim-no-plans-yet-to-debate-police-law-and-prosecutors-billIndonesia's Sritex Group announced mass layoffs of 10,969 employees across four companies in March 2025, but Minister of Manpower Yassierli denied the claims, stating that not all information is true and he personally inspected several affected companies.
https://en.tempo.co/read/1992655/over-18000-workers-suffer-from-layoffs-in-early-2025-most-from-central-java