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Baidu Unveils ERNIE 5.0 and a Series of AI Applications at Baidu World 2025, Ramps Up Global Push

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  • ERNIE 5.0 is the latest foundation model of the company. As a natively omni-modal model, ERNIE 5.0 jointly models text, images, audio, and videos.
  • Baidu announced upgrades to its digital human technology, no-code application builder Miaoda, and general AI agent GenFlow, while unveling the self-evolving agent Famou along with the one-stop AI workspace Oreate, with select offerings such as MeDo and the digital human technology rolling out to global markets.
  • Apollo Go, the company’s autonomous ride-hailing service, has completed over 17 million cumulative rides, the world’s largest.

BEIJING, Nov. 13, 2025 /PRNewswire/ — Baidu, Inc. (NASDAQ: BIDU and HKEX: 9888), a leading AI company with a strong internet foundation, today unveiled the natively omni-modal foundation model, ERNIE 5.0, at its annual flagship event, Baidu World 2025. ERNIE 5.0 jointly models text, images, audio, and videos for comprehensive multimodal understanding and generation. The company also introduced a suite of AI products and services and announced plans to roll out select products to global markets.

At the event, Baidu introduced upgrades for a suite of AI products, including its next-generation real-time digital human, an enhanced 2.0 version of its no-code application builder Miaoda, a revamped Baidu Search experience powered by more intelligent capabilities, and the general AI agent GenFlow 3.0. It also unveiled Famou, a self-evolving AI agent, and announced plans to roll out products such as the digital human technology, no-code application builder MeDo, one-stop AI workspace Oreate to global markets.

Robin Li, Co-founder and CEO of Baidu, speaks at the company’s annual flagship event, Baidu World 2025.
Robin Li, Co-founder and CEO of Baidu, speaks at the company’s annual flagship event, Baidu World 2025.

Robin Li, Co-founder and CEO of Baidu, highlighted the importance of internalizing AI capabilities in every facet of the modern workflow. “When you internalize AI, it becomes a native capability and transforms intelligence from a cost into a source of productivity,” Li explained. “We should focus on integrating AI with every task we do to make it a native driving force for corporate and personal growth.”

Highlighting the value of AI application innovation, Li stated the industry structure is shifting towards a healthy “inverted pyramid” where applications create 100x the value of foundation models. “The past year has witnessed model capabilities evolving significantly beyond the confines of AI chatbots. We have observed substantial advancements not only in areas like digital human technology and code agents but also in the autonomous evolution and global optimization for general-purpose scenarios,” Li said.

ERNIE 5.0, a Natively Omni-modal Foundation Model Built for Joint Input and Output Across Modalities

As the latest-gen foundation model of the ERNIE series, ERNIE 5.0 is built upon natively unified omni-modal modeling technology. From the ground up, it jointly models text, images, audio, and video, achieving comprehensive multimodal understanding and generation. With fully upgraded foundational abilities, ERNIE 5.0 excels in multimodal understanding, instruction following, creative writing, factual reasoning, agentic planning, and tool use. The preview of the ERNIE 5.0 model is now available to the public via ERNIE Bot and to enterprise users via Baidu AI Cloud’s MaaS platform Qianfan.

Li noted that foundation models are iterating rapidly, as evidenced by continuous breakthroughs in intelligence limits, increased model “thinking-time,” the native integration of multiple modalities, and the ability for self-learning and evolution. “AI agents themselves are the most significant applications, and the speed of technological iteration is the only competitive moat,” he said. “We will continue to invest in advancing the frontier models, pushing the boundaries of intelligence to new heights.”

Apollo Go Robotaxi Reaches Over 17 million Rides Globally, The World’s Largest

Baidu’s autonomous ride-hailing service, Apollo Go, has completed over 17 million rides globally, making it the largest in the world. Its weekly ride count recently surpassed 250,000, all of which are fully driverless. To date, the fleets have logged more than 240 million kilometers of autonomous driving, with over 140 million kilometers driven in fully driverless mode. Apollo Go’s global footprint now spans 22 cities.

Autonomous driving is reshaping urban life, and will transform not only transportation but the broader social ecosystem, Li noted. He explained that as robotaxi costs continue to fall, greater affordability is expected to significantly boost demand. “Autonomous vehicles will become new mobile living spaces, opening up countless possibilities,” he said.

70% of Top 1 Search Results Presented in Rich Media; GenFlow 3.0 is Now the World’s Largest General Agent by User Base

Baidu Search has undertaken the most aggressive AI transformation of any search engine globally, with approximately 70% of the Top 1 search results now presented in rich media format. “We used AI to reconstruct the search results page—not by simply inserting AI summaries, but by transforming search from a text-and-link-based application into an AI application centered on rich media like images and videos, ” Li said.

The company is also opening its AI search capabilities via AI API, which is becoming a foundational technology for the industry. It is already being used by 625 partners via Baidu AI Cloud, including major brands like Samsung, Honor, and vivo.

The company’s AI-powered productivity applications, Baidu Wenku and Baidu Drive, are also prime examples of AI-reconstructed businesses. GenFlow, a general AI agent built to simplify complex tasks and workflows, unveiled its 3.0 update. With more than 20 million users, GenFlow is now the world’s largest general-purpose agent. GenFlow 3.0 boasts a much enhanced multimodality and memory capability, enabling the joint input, processing, and output of content across all modalities.

Baidu also introduced Oreate, its one-stop AI workspace for study and productivity designed for the international market. It employs a multi-agent architecture capable of end-to-end creation across all scenarios and modalities, covering documents, slides, images, videos, and podcasts. The platform has attracted over 1.2 million users across global markets.

No-Code Application Builder MeDo Launches Globally; Digital Human Tech Debuts in Brazil

Baidu’s no-code application builder Miaoda has been upgraded to version 2.0, which has already been used to generate over 400,000 applications. Miaoda’s international version, MeDo, was also launched at the event. It is now available for global developers via medo.dev.

The company also announced it will make its digital human technology globally available. The technology has debuted in Brazil and is exploring expansion opportunities into key markets such as the U.S. and Southeast Asia, and platforms such as Shopee and Lazada.

The company also unveiled its new real-time interactive digital human, which not only deeply understands real-world context and provides instant feedback, but also expresses natural emotions with full-modal alignment during interactions. During this year’s “Double 11” shopping festival, 83% of livestreamers used Baidu’s digital human technology, driving a 119% year-over-year increase in participating livestreams and a 91% GMV (Gross Merchandise Volume) boost. In Li’s view, AI digital humans are a foundational technology and a “universal interaction interface for the AI era.”

Baidu Launches Famou, the World’s First Commercially Available Self-evolving Agent

The conference also witnessed the debut of Famou, the world’s first commercially available self-evolving agent. Famou can simulate and even surpass a top algorithm expert, able to quickly abstract complex problems and iterate automatically as conditions change to provide a dynamic optimal solution. It can be applied in complex scenarios across transportation, energy, finance, and logistics. Famou is now officially available through invitation codes. Users can apply for access by visiting famou.com.

About Baidu

Founded in 2000, Baidu’s mission is to make the complicated world simpler through technology. Baidu is a leading AI company with strong internet foundation, trading on the NASDAQ under “BIDU” and HKEX under “9888.” One Baidu ADS represents eight Class A ordinary shares.

Media Contact
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Industrial AI Applied: IFS Showcases Real-World Impact of AI Through Industry-Specific Scenarios

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IFS expands ecosystem of Frontier AI, Robotics, Grid Tech and Business Advisory by forging new partnerships with leading AI tech companies Anthropic, 1X Technologies, Siemens and collaboration with Boston Dynamics

NEW YORK, Nov. 13, 2025 /PRNewswire/ — IFS, the leading provider of Industrial AI software, is today showcasing the next wave of AI innovation, applied for Industry. At its marquee event, Industrial X Unleashed, taking place in Tribeca, New York, the company shared its vision, demonstrated specific applications of IFS.ai in action within an industrial setting, as well as unveiled partnerships through applied customer examples. 

Opening the event, Mark Moffat, CEO of IFS said: “The opportunity to drive growth in our economy, as well as positively impact our society and planet using AI is now – but importantly, what will make a difference is applying AI in the industrial setting. The news headlines to date have been on the generic productivity benefits AI can provide to office-based workers, but IFS is uniquely positioned to deliver contextual and industry-specific AI to workers in the field. And that is where we will see the most impactful innovation and efficiency gains.” 

Driving growth in Industrial AI 

IFS showcased partnerships with some of the fastest-growth AI companies looking for further expansion by applying their capabilities with IFS.ai to the hardcore industries that IFS serves including: Aerospace & Defense, Energy, Engineering & Construction, Manufacturing, Telco, and Transport. Examples from the following areas included: 

  • Frontier AI Models: a partnership with Anthropic saw IFS Nexus Black launch Resolve, powered by Claude, as the first of many new IFS solutions that puts industry-specific AI directly into the hands of frontline workers to transform work and rapidly deliver value. Resolve enables customers to predict and prevent faults faster by interpreting multi-modal data such as video, audio, temperature and pressure, and complex schematics.  
  • The scenario was demonstrated through a real-world customer use case, William Grant & Sons – the world’s largest independent distiller. William Grant & Sons has worked with IFS Nexus Black and Anthropic to forward-deploy a field-worker productivity solution within weeks. This is already helping engineers anticipate and resolve maintenance issues before downtime occurs, improving asset reliability, reducing unplanned outages, and freeing teams to focus on higher-value production tasks. 
  • Physical AI and Robotics: a collaboration with Boston Dynamics was used to demonstrate how physical AI and robotics can leverage IFS’s industrial AI within a utility setting. Customer Eversource, New England’s largest energy delivery company, spoke to the many scenarios being planned to improve efficiency and service to the 4.4million homes it serves. In addition, IFS’s partnership with robotics manufacturer 1X Technologies was announced, opening the opportunity for 1X Technologies to take their humanoid robots into industrial settings. 
  • Grid and Power: A partnership with Siemens Grid Software was announced, using IFS.ai to re-architect tomorrow’s intelligent autonomous grid through asset investment planning and grid infrastructure upgrades. 

R “Ray” Wang, Principal Analyst, Founder and Chairman, Constellation Research commented: “We are finally witnessing leadership in the category of Industrial AI. While frontier AI models and infrastructure platforms grab headlines, the critical missing piece has been the orchestration layer, the industrial operating system that embeds AI directly into mission-critical workflows.” 

He continued: “Customers seek deep domain expertise from their trusted AI partners, especially in manufacturing, utilities, aerospace, and energy. The AI Age isn’t about adding AI features to legacy software. It’s about architecting the control plane for the next generation of intelligent industrial operations where autonomous execution happens at scale, in real-time and achieving decision velocity for tangible business outcomes.” 

Additional speakers at the event included:      

  • Mohamed Kande, PwC           
  • Prasad Satyavolu, Accenture 
  • Garvan Doyle, Anthropic          
  • Dr. Merry Frayne, Boston Dynamics        
  • Ranjit Bawa, Deloitte       
  • Darryl Willis, Microsoft    
  • Stephanie Woerner, MIT CISR   
  • Dr. Sabine Erlinghagen, Siemens Grid Software 

For more information about Industrial X Unleashed, visit www.industrialX.ai. 

CONTACT:  
IFS Press Contacts: 
EUROPE / MEA / APJ: 
Adam Gillbe  
IFS, Director of Corporate & Executive Communications 
Email: adam.gillbe@ifs.com  

NORTH AMERICA / LATAM: 
Mairi Morgan 
IFS, Director of Corporate & Executive Communications  

Email: mairi.morgan@ifs.com 

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Industrial AI Applied: IFS Showcases Real-World Impact of AI Through Industry-Specific Scenarios

 

IFS and Boston Dynamics Collaboration Combines the Power of Robotics with Agentic AI to Transform Field Operations

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Industrial X Unleashed

NEW YORK, Nov. 13, 2025 /PRNewswire/ — IFS, the leading provider of Industrial AI software, and Boston Dynamics, the global leader in mobile robotics, today announced a ground-breaking collaboration to revolutionize how asset-intensive organizations manage and optimize their field operations. Uniting Boston Dynamics’ autonomous inspection robots with the power of IFS.ai creates a fully agentic AI system that seamlessly connects sensing, predictive decision-making and action in the field. With labor and skills shortages impacting industrial customers, leading to service gaps and prolonged outages, there exists an urgent need for technology that can supplement field workers. 

IFS and Boston Dynamics revealed the joint solution for the first time at Industrial X Unleashed in New York, November 13. The two companies showcased a powerful combination of physical AI and agentic AI that creates an end-to-end autonomous system to connect robots and enterprise data in high potential applications. Boston Dynamics’ Spot robots inspect industrial assets and sites, capturing critical operational data in real-time. Spot uses thermal cameras to detect overheating, can listen to air or gas leaks, read analog gauges for pressure and flow, check indicator lights, identify hazards like spills, or detect voltage anomalies. This information feeds directly into IFS.ai where agentic AI analyzes the data, makes intelligent decisions, and triggers appropriate actions – creating a seamless loop from sensing to execution. 

The collaboration uniquely focuses on serving industries where field operations are critical, including manufacturing, energy, utilities, mining, and other asset-intensive sectors. With field workers comprising part of the 70% of the world’s workforce that do not work behind a desk, IFS and Boston Dynamics are unlocking value in areas that have remained underserved by generic AI applications. 

Together, IFS and Boston Dynamics are targeting measurable improvements across three critical operational metrics: 

  1. Safety: Autonomous inspections reduce human exposure to hazardous environments while increasing inspection frequency and thoroughness
  2. Efficiency: Intelligent automation enables faster decision-making and response times, optimizing resource allocation
  3. Uptime: Predictive insights and automated actions help prevent failures before they occur, maximizing asset availability 

Christian Pedersen, Chief Product Officer, IFS, said: “Asset-intensive organizations face unrelenting pressure to improve operational performance. Together with Boston Dynamics, we’re delivering a truly autonomous system that connects the physical and digital worlds for the first time. IFS.ai and IFS Loops turn robot observations into enterprise action, from preventative maintenance scheduling to predictive failure analysis and automated anomaly detection. Data flows from the field into enterprise systems, decisions are made autonomously, and actions are executed back in the field, all within a single integrated platform.” 

Dr. Merry Frayne, Director of Product, Boston Dynamics, commented: “This collaboration represents the future of industrial operations. Our robots excel at navigating complex environments and gathering critical data. Combined with IFS’s agentic decision-making capabilities, we’re enabling organizations to achieve levels of operational excellence and safety that simply weren’t possible before.” 

Ron Utterbeck, CIO, Eversource, an IFS customer, said: “As the largest New England energy provider managing critical infrastructure across multiple states, this integration has the potential to radically transform our operations. As our grid continues to advance we need to utilize not only traditional data gathering but more advanced data gathering and modeling. To meet the reliability and the energy demands for our customers, we look forward to the opportunity in utilizing advanced industry technology such to enable data collection at a different level that can support routine inspections of substations and facilities with automatically prioritizing and dispatching our crews. This will allow our highly-skilled crews to be focused on the right priorities at the right time and ensure mission-critical work is completed. It’s a genuine shift from reactive to predictive maintenance.” 

For more information about Industrial X Unleashed, visit www.industrialX.ai. 

IFS Press Contacts: 

EUROPE / MEA / APJ: Adam Gillbe 
IFS, Director of Corporate & Executive Communications 
Email: adam.gillbe@ifs.com 
 
NORTH AMERICA / LATAM: Mairi Morgan 
IFS, Director of Corporate & Executive Communications 
Email: mairi.morgan@ifs.com 

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IFS and 1X Technologies Partner to Bring Industrial AI to the Physical World

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Strategic collaboration integrates humanoid robotics with IFS.ai to deliver measurable automation outcomes across manufacturing, field service, and asset management 

Industrial X Unleashed

NEW YORK, Nov. 13, 2025 /PRNewswire/ — IFS, the leading provider of Industrial AI software, today announced at Industrial X Unleashed a strategic partnership with 1X Technologies (1X), to jointly industrialize humanoid robotics for asset-intensive industries. The collaboration will combine 1X’s humanoid robots with IFS.ai to develop and deploy production-ready robotics solutions alongside select customers across manufacturing, utilities, aviation and other industrial settings. 

The partnership creates a unified digital-physical operational environment where intelligent robots work directly within enterprise business processes. By integrating humanoids with IFS.ai, IFS and 1X will deliver solutions that close the loop from physical execution to business intelligence, enabling real-time orchestration of robotic operations and seamless data flow between physical work and enterprise systems. 

IFS and 1X will work with select customers to industrialize and validate humanoid robotics solutions across high-impact use cases: manufacturing and smart factory automation, IoT-enabled robotics feeding real-time operational data into IFS.ai, field service automation combining robotic hardware with intelligent maintenance orchestration, and vertical-specific applications for warehousing, aviation MRO to utility maintenance. This collaborative approach with pioneering customers will ensure solutions are production-ready and deliver measurable operational outcomes. 

“This partnership represents an exciting opportunity to bring together the physical and digital AI worlds,” said Christian Pedersen, Chief Product Officer at IFS. “By integrating 1X’s advanced robotics with IFS.ai, we’re creating solutions where intelligent machines and intelligent systems work in harmony. This isn’t about adding robotics as a feature, it’s about embedding intelligence in context, delivering real value to customers operating in asset-intensive environments. We’re focused on making a meaningful difference for businesses that manufacture, service, and maintain critical assets.” 

“This collaboration creates a seamless connection between physical execution and intelligent business processes,” said Jorge Milburn, EVP Sales & Operations at 1X Technologies. “By integrating our humanoids with IFS.ai, we’re building solutions where robots don’t just operate in isolation, they understand operational context, adapt to changing conditions, and deliver data that drives better decisions across the enterprise.” 

Building on Industrial AI Leadership 

The Future Industrial Workforce: Humans, Digital Workers, and Robots 

The partnership represents a critical step in IFS’s vision of workforce multiplication in industrial operations. Industrial sectors face massive labor shortages: 1 million open jobs in the U.S. alone, half in manufacturing, while re-industrialization and energy demand accelerate. 

Where operations today rely on 300 human workers barely covering demand, the future holds 3,000+ total workers: human experts elevated to orchestration and judgment calls, digital workers (AI agents) running diagnostics and workflows 24/7, and robotic workers inspecting assets and handling hazardous work in challenging environments. For the first time in industrial history, output is no longer limited by how many humans organizations can hire. 

IFS orchestrates all three as one integrated system, the only platform designed to schedule, manage, govern, and optimize human, digital, and robotic workers together. The 1X partnership extends this capability into the physical world, enabling robotic workers to be deployed and managed within the same enterprise platform that runs operations. 

The partnership builds on IFS’s Industrial AI strategy, including the Nexus Black innovation accelerator and recent acquisitions of TheLoops and 7Bridges, which have positioned IFS to deliver agentic AI capabilities across customer operations. With advanced robotics integration, IFS continues to build the platform for the complete future of industrial work. 

The integrated solutions will be showcased to IFS customers globally, with commercial availability planned for 2026. 

For more information about Industrial X Unleashed, visit www.industrialX.ai. 

IFS Press Contacts: 

EUROPE / MEA / APJ: Adam Gillbe 
IFS, Director of Corporate & Executive Communications 
Email: adam.gillbe@ifs.com  

NORTH AMERICA / LATAM: Mairi Morgan 
IFS, Director of Corporate & Executive Communications 
Email: mairi.morgan@ifs.com  

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Nota AI Recognized in the 2025 MAD Landscape Edge AI Category

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–      Selected alongside global leaders including NVIDIA, Qualcomm, Samsung, Intel, Apple, and AMD
–      One of only three Korean companies among 1,150+ innovators, strengthening its global Edge AI presence

SEOUL, South Korea, Nov. 13, 2025 /PRNewswire/ — Nota AI, a company specializing in AI model compression and optimization technologies, announced today that it has been recognized in the 2025 MAD (Machine Learning, AI & Data) Landscape under the Edge AI category for the second consecutive year.

Nota AI Recognized in the 2025 MAD Landscape Edge AI Category
Nota AI Recognized in the 2025 MAD Landscape Edge AI Category

This recognition follows Nota AI’s inclusion in the CB Insights 2025 AI 100 earlier this year, placing the company among a select group honored by both of the year’s most influential AI industry benchmarks.

The MAD Landscape is a widely referenced resource for global VCs and technology leaders seeking to understand structural shifts across the AI and data ecosystem. The 2025 edition highlights a significant trend: AI workloads are rapidly transitioning from cloud-centric infrastructures toward device- and hardware-centric computing. As this shift accelerates, Edge AI has emerged as a critical indicator of global technological competitiveness.

Among the more than 1,150 companies featured in this year’s Landscape, only three are based in Korea, including Samsung. Nota AI’s selection alongside global leaders such as NVIDIA, Qualcomm, Apple, Intel, and AMD underscores its rising influence in the on-device AI space.

Central to Nota AI’s technological leadership is NetsPresso®, the company’s proprietary AI model optimization platform. NetsPresso® enables efficient compression, optimization, and deployment of AI models across a wide range of hardware—from advanced AI accelerators to low-power IoT devices. It reduces model size by up to 90 percent while maintaining accuracy, significantly lowering development and operational costs and accelerating AI adoption across industries.

Nota AI continues to expand its presence in the global edge intelligence market through collaborations with semiconductor leaders including Samsung Electronics, Qualcomm, Renesas, and Sony. The company recently introduced optimization techniques that enable large language models (LLMs) to run on even low-spec devices, extending on-device AI adoption into manufacturing, consumer electronics, mobility, robotics, and IoT. It is also a core participant in Korea’s national initiative to develop sovereign AI foundation models, reflecting broad recognition of its technical leadership.

Myungsu Chae, CEO of Nota AI, stated, “Being recognized in both the CB Insights AI 100 and the MAD Landscape’s Edge AI category affirms our technology’s global competitiveness. We will continue to advance our AI compression and optimization technologies to expand on-device AI adoption across key industries and drive scalable global growth.”

LISCure Expands Global Partnerships for BBB Shuttle Platform ‘ExoPN-101’; Signs Fourth MTA with Leading Pharma Partner

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SEOUL, South Korea, Nov. 13, 2025 /PRNewswire/ — LISCure Biosciences (“LISCure”), a biotechnology company advancing next-generation therapeutics, today announced that it has entered into a new Material Transfer Agreement (MTA) with a leading global pharmaceutical company for its proprietary blood-brain barrier (BBB) shuttle platform, ExoPN-101.

This marks LISCure’s fourth MTA, further validating the technological innovation and commercial potential of the ExoPN-101 platform in the global market.

ExoPN-101 is a next-generation BBB-penetrating delivery platform capable of transporting diverse therapeutic modalities—including antisense oligonucleotides (ASO), siRNA, and small molecules—directly into the brain. Compared to existing BBB shuttles, ExoPN-101 demonstrates superior brain delivery efficiency and minimal immunogenicity, with robust BBB penetration and safety confirmed in non-human primate studies. These results have drawn strong interest from multiple multinational pharmaceutical partners.

The versatile nature of the ExoPN-101 platform enables simultaneous collaborations with multiple partners. Beyond its ongoing projects, LISCure is currently engaged in several additional partnerships and evaluation discussions with global pharma companies.

At the Bio-Europe 2025 conference held last week in Vienna, Austria, LISCure met with numerous global partners to discuss new collaborations. The company also advanced licensing discussions for LB-P8, its therapeutic candidate for Primary Sclerosing Cholangitis (PSC), which recently began Phase 2 clinical dosing in the United States.

“The fact that ExoPN-101 has entered evaluation stages with multiple global partners underscores the platform’s scientific credibility and readiness for broader applications,” said a LISCure spokesperson. “Several additional partnership and licensing discussions are progressing, many of which are expected to evolve into joint development and global collaboration programs.”

“As global demand for BBB shuttle technologies continues to accelerate, ExoPN-101 stands out as an optimal platform that addresses the industry’s most critical needs,” said Hwasup Chin, CEO of LISCure Biosciences. “We will continue to expand strategic partnerships and pursue commercialization and licensing opportunities worldwide.”

About LISCure Biosciences

LISCure Biosciences is a clinical-stage biotechnology company focused on developing next-generation therapeutics through advanced platform innovation. The company’s pipeline includes ExoPN-101, a proprietary BBB shuttle platform for central nervous system (CNS) drug delivery, and LB-P8, a Phase 2 therapeutic candidate for Primary Sclerosing Cholangitis (PSC). LISCure aims to advance cutting-edge science into meaningful therapies through global collaborations and strategic partnerships.

For more information, please visit www.liscure.bio.

First Phosphate Applauds Government of Canada Investment to Build Second Wharf at Port Saguenay

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Saguenay, Quebec – Newsfile Corp. – November 13, 2025 – First Phosphate Corp. (CSE: PHOS) (OTCQX: FRSPF) (FSE: KD0) (“First Phosphate” or the “Company“) applauds the announcement by the Canadian Minister of Government Transformation, Public Works and Procurement, Joël Lightbound, to invest $57.6 million to build the second wharf at the Port Saguenay, Quebec, Canada.

The second wharf at Port Saguenay is to be positioned directly adjacent to First Phosphate’s planned phosphoric acid plant and will greatly assist in the transportation of the Company’s future phosphate concentrate, phosphoric acid and lithium iron phosphate (“LFP”) products to North American, European and international destinations.

To view an enhanced version of this graphic, please visit:
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This federal government investment announcement comes on the heels of the recent visit to Port Saguenay by Canada’s Minister of Energy and Natural Resources, Tim Hodgson, on October 4, 2025.

First Phosphate President, Armand MacKenzie said: “This proposed investment by the Canadian Government is a most welcome development that will expand the economy of the region of Saguenay-Lac-St-Jean and bring quality jobs to the area. Most importantly, it will facilitate the commercialization of the region’s natural resources, and especially First Phosphate’s mineral properties that are greatly needed in the drive to onshore the LFP battery supply chain”.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8917/274266_648f9409040028de_002full.jpg

First Phosphate recently announced that it has finalized an industrial land option agreement (the “Agreement”) with Port Saguenay. The Agreement covers lands where the Company plans to develop a phosphoric acid plant using advanced clean technology from Prayon SA of Belgium and to be implemented by international engineering firm Ballestra S.pA. of Italy. The lands at Port Saguenay offer strategic benefits and a competitive position, including:

  • Direct rail and vessel access to North American and global markets, especially to the company’s European offtakers;
  • Access to large-scale industrial infrastructure, utilities and expansion lands; and
  • Eventual vertical integration between upstream phosphoric acid and downstream LFP battery material production.

The Agreement was signed in Montreal on July 18, 2025 at the premises of the Wallonia Export & Investment Agency (“AWEX”) and in Saguenay, at Port Saguenay.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8917/274266_648f9409040028de_003full.jpg

First Phosphate has recently produced commercial-grade LFP 18650 battery cells using North American critical minerals:
https://firstphosphate.com/north-american-lfp-battery-cells

The high-purity phosphoric acid and iron powder for these LFP 18650 battery cells was produced using rare igneous anorthosite rock extracted from the First Phosphate Bégin-Lamarche property found at 70 km driving distance from Port Saguenay.

The critical minerals and intermediary products for such LFP battery cells would eventually be transported to European and North American offtakers via Port Saguenay.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8917/274266_648f9409040028de_004full.jpg

About First Phosphate
First Phosphate (CSE: PHOS) (OTCQX: FRSPF) (FSE: KD0) is a mineral development and cleantech company dedicated to building and onshoring a vertically integrated mine-to-market LFP battery supply chain for North America. Target markets include energy storage, data centers, robotics, mobility and national security. First Phosphate’s flagship Bégin-Lamarche Property in Saguenay-Lac-Saint-Jean, Quebec is one of North America’s rare igneous phosphate resources, yielding high-purity phosphate with minimal impurities.

For additional information, please contact:
Armand MacKenzie
President
armand@firstphosphate.com
Tel: +1 (514) 618-5289

Investor Relations: investor@firstphosphate.com
Media Relations: media@firstphosphate.com
Website: www.FirstPhosphate.com

Follow First Phosphate:
X: https://x.com/FirstPhosphate
LinkedIn: https://www.linkedin.com/company/first-phosphate

Forward-Looking Information and Cautionary Statement
This release includes certain statements that may be deemed “forward-looking information”. Any statement that discusses predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information. In particular, this press release contains forward-looking information relating to, among other things, the Company’s plans for building and onshoring a vertically integrated mine-to-market LFP battery supply chain for North America, the financing, location and completion of the proposed second quay at Port Saguenay, the Company’s planned exploration and production activities and the results thereof, the properties and composition of any extracted phosphate, the Company’s plans relating to the design, build, operation and maintenance of the Bégin-Lamarche Phosphate Mine (and the possibility of eventual economic extraction of minerals from therefrom); the Company’s entering into of a definitive land lease under the Agreement and the achievement of preconditions thereto; the achievement and completion of all required steps to build and operate facilities to process phosphate concentrate, phosphoric acid, lithium iron phosphate including, without limitation, access to financing, and regulatory and environmental approvals, the impact of the proposed second wharf in the transit of the Company’s future phosphate concentrate, phosphoric acid and LFP products to North American, European and international destinations, the eventual vertical integration between upstream phosphoric acid and downstream LFP battery material production, the impact of the Government of Canada investment on the economy of the region of Saguenay-Lac-St-Jean and the facilitation of the commercialization of the region’s natural resources, the need for the Company’s properties to on-shore the LFP battery supply chain, and the Company’s access to international markets.

Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include development and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. These statements are based on a number of assumptions including, among other things, assumptions regarding the payment of government funding as announced, availability of project financing, general business and economic conditions; there being no significant disruptions affecting the activities of the Company or inability to access required project inputs; permitting and development of the projects being consistent with the Company’s expectations; the accuracy of the current mineral resource estimates for the Company and results of metallurgical testing; certain price assumptions for P2O5 and Fe2O3; inflation and prices for Company project inputs being approximately consistent with anticipated levels; the Company’s relationship with First Nations and other Indigenous parties remaining consistent with the Company’s expectations; the Company’s relationship with other third party partners and suppliers remaining consistent with the Company’s expectations; and government relations and actions being consistent with Company expectations. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Accordingly, readers should not place undue reliance on the forward-looking information contained in this press release. The Company does not assume any obligation to update or revise its forward-looking statements, whether because of new information, future events or otherwise, except as required by applicable law. All forward-looking information contained in this release is qualified by these cautionary statements.

The issuer is solely responsible for the content of this announcement.

About First Phosphate Corp.

TGE Announces a Hotel Buyout Deal in Malaysia

By
Advertorial Desk
-

PARIS, NEW YORK and SINGAPORE, Nov. 13, 2025 /PRNewswire/ — AMTD Group Inc. (“AMTD Group”), AMTD IDEA Group (NYSE: AMTD; SGX: HKB), AMTD Digital Inc. (NYSE: HKD) and The Generation Essentials Group (“TGE”, NYSE: TGE), a subsidiary of AMTD Digital Inc., jointly announce that TGE has entered into a definitive agreement with the seller to acquire a hotel in Kuala Lumpur. Closing of the deal is subject to customary closing conditions.

Located in Kuala Lumpur’s main commercial and business district, the hotel is connected via a link bridge to Sunway Putra Mall and the Putra World Trade Centre. It offers 135 hotel rooms, a fully equipped gym, a library, and a rooftop infinity pool on the 37th floor that provides stunning, panoramic views of the Kuala Lumpur city centre skyline.

This acquisition marks another milestone for TGE in its global hospitality expansion, following its recently announced entry into United States and Australia.

About AMTD Group

AMTD Group is a conglomerate with a core business portfolio spanning across media and entertainment, education and training, and premium assets and hospitality sectors.

About AMTD IDEA Group

AMTD IDEA Group (NYSE: AMTD; SGX: HKB) represents a diversified institution and digital solutions group connecting companies and investors with global markets. Its comprehensive one-stop business services plus digital solutions platform addresses different clients’ diverse and inter-connected business needs and digital requirements across all phases of their life cycles. AMTD IDEA Group is uniquely positioned as an active super connector between clients, business partners, investee companies, and investors, connecting the East and the West. For more information, please visit www.amtdinc.com or follow us on X (formerly known as “Twitter”) at @AMTDGroup.

About AMTD Digital Inc.

AMTD Digital Inc. (NYSE: HKD) is a comprehensive digital solutions platform headquartered in France. Its one-stop digital solutions platform operates key business lines including digital media, content and marketing services, investments as well as hospitality and VIP services. For AMTD Digital’s announcements, please visit https://ir.amtdigital.net/investor-news.

About The Generation Essentials Group

The Generation Essentials Group (NYSE: TGE), jointly established by AMTD Group, AMTD IDEA Group (NYSE: AMTD; SGX: HKB) and AMTD Digital Inc. (NYSE: HKD), is headquartered in France and focuses on global strategies and developments in multi-media, entertainment, and cultural affairs worldwide as well as hospitality and VIP services. TGE comprises L’Officiel, The Art Newspaper, movie and entertainment projects. Collectively, TGE is a diversified portfolio of media and entertainment businesses, and a global portfolio of premium properties.

Safe Harbor Statement

This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. Statements that are not historical facts, including statements about the beliefs, plans, and expectations of AMTD IDEA Group and/or AMTD Digital, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in the filings of AMTD IDEA Group, AMTD Digital and The Generation Essentials Group with the SEC. All information provided in this press release is as of the date of this press release, and none of AMTD IDEA Group, AMTD Digital and The Generation Essentials Group undertakes any obligation to update any forward-looking statement, except as required under applicable law.

For more information, please contact:

For AMTD IDEA Group:

IR Office
AMTD IDEA Group
EMAIL: ir@amtdinc.com

For AMTD Digital Inc.:

IR Office
AMTD Digital Inc.
EMAIL: ir@amtdigital.net

For The Generation Essentials Group:

IR Office
The Generation Essentials Group
EMAIL: tge@amtd.world 

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