Microsoft releases Phi-4 series open-source small models to facilitate AI deployment on edge devices and anticipates facing AI computing power limitations.

Visa launches Visa Intelligent Commerce, opening up its payment network and partnering with AI companies to create AI shopping experiences.

Tesla Chairman denies reports of searching for a successor to Musk; Head of Battery Architecture departs.

Worldcoin project to introduce mobile device verification of human identity and launches iris-scanning Orb in the US.

Progress in Epic Games' lawsuit against Apple; judge accuses Apple of defying antitrust injunction.

Jensen Huang says Chinese AI is "not behind" the US; Nvidia plans to invest in US AI infrastructure.

Meta releases standalone AI app; Zuckerberg emphasizes open-source AI model and explores commercialization.

Xiaomi Auto's April deliveries exceed 28,000 units, accelerating store expansion; YU7 expected to launch in June.

Kuaishou establishes Keling AI Business Unit, highlighting the strategic importance of visual large models; global users exceed 22 million.

Ripple once sought to acquire Circle but was rejected, remains interested; Circle is proceeding with its IPO.

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