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Microsoft Denies Taking Control at OpenAI after UK Review

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Microsoft logo.
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Microsoft Denies Taking Control at OpenAI after UK Review

Microsoft logo.
Microsoft logo.

Microsoft denied on Friday that it had taken control of OpenAI after Britain's anti-trust regulator said it was reviewing the nature of their partnership.
"The only thing that has changed is that Microsoft will now have a non-voting observer on OpenAI’s Board, which is very different from an acquisition such as Google’s purchase of DeepMind in the UK," Microsoft President Brad Smith said in a statement.
"We will work closely with the CMA to provide all the information it needs," he said.

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China’s Xi Lauds AI Progress, Meets BRICs Bank on Shanghai Visit 

Chinese President Xi Jinping waves as he arrives for a two-day state visit, at Hanoi's Noi Bai International Airport, Vietnam, April 14, 2025. (Reuters)
Chinese President Xi Jinping waves as he arrives for a two-day state visit, at Hanoi's Noi Bai International Airport, Vietnam, April 14, 2025. (Reuters)
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China’s Xi Lauds AI Progress, Meets BRICs Bank on Shanghai Visit 

Chinese President Xi Jinping waves as he arrives for a two-day state visit, at Hanoi's Noi Bai International Airport, Vietnam, April 14, 2025. (Reuters)
Chinese President Xi Jinping waves as he arrives for a two-day state visit, at Hanoi's Noi Bai International Airport, Vietnam, April 14, 2025. (Reuters)

China's President Xi Jinping urged Shanghai to accelerate efforts to turn itself into a technological and innovation hub with global influence as he made his first visit to the city since November 2023, state news agency Xinhua reported.

Xi said that Shanghai, China's main international financial hub, should strive to be at the forefront of artificial intelligence (AI) development and governance, the report added.

The Shanghai visit comes at a time when the trade war with the United States has raised the stakes for global economic growth, and as China pushes forward with AI development in the wake of DeepSeek.

Xi urged the city to expand its exploration of AI models and said more supportive policies for the technology should be rolled out, as he visited an incubation lab for AI startups and tried on a set of smart glasses, the report said.

The Chinese president also visited the Shanghai-based New Development Bank, a multilateral bank of BRICS member nations, and met its president, former Brazilian President Dilma Rousseff, Xinhua said.