• AI news and Funding updates 25 April 2025

  • Apr 26 2025
  • Length: 6 mins
  • Podcast

AI news and Funding updates 25 April 2025

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  • Summary

  • A quick overview:

    - Mphasis delivered its strongest consecutive quarter in three years, powered by BFSI, TMT and insurance deals—over half AI-led—building a record contract-value pipeline.

    - Alphabet/Google reported a blow-out Q1 with $90.2 B revenue (+), AI now generating 30% of Google’s code, 1.5 B users on AI Overviews, and a $70 B share buyback.

    - Baidu launched ERNIE X1 Turbo & ERNIE 4.5 Turbo with low-cost tokens, and activated its home-grown P800 Kunlun chip cluster.

    - NxtGen rolled out India’s first fully sovereign Financial Services Cloud for BFSI, meeting strict local compliance.

    - Lovable upgraded to 2.0: smarter AI chat/agents, multiplayer workspaces, Dev‐mode scanning and enhanced visual editing.

    - Manus closed $75 M Series-B at a $500 M valuation to fuel global expansion of its AI-agent platform.

    - OpenAI saw a senior researcher denied a green card after 12 years in the U.S., spotlighting immigration hurdles in AI.
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