Technology

New chapter in China-LAC cooperation: Though oceans apart, kindred spirits remain connected

Published

11 months ago

May 22, 2025

BEIJING, May 21, 2025 /PRNewswire/ — A news report from China.org.cn on the cooperation between China and Latin American and Caribbean countries:

It may never have occurred to Paolo Martínez, a young Colombian engineer, that the dream of building a subway in the capital city Bogotá would come true so soon. What he likely imagined even less was that before ever riding a subway in his own city, he would have voyaged all the way to China to learn how to operate one.

Nestled among three mountain ranges, Bogotá is among the world’s most congested cities. On some roads, cars move even more slowly than pedestrians, and commutes of two to three hours are a daily reality. For several decades, the residents of Bogotá have longed for an efficient and convenient subway system.

In 2019, a Chinese consortium won the contract to build the Bogotá Metro Line 1 project. The Chinese team worked closely with the local teams to develop a construction plan that is not only safe and efficient, but also responsive to the needs of local communities and respects cultural heritage. Well aware that sustainable operations and maintenance depend on local expertise, two batches of young Colombian talents were selected for professional training in China. Paolo Martínez, whom we introduced earlier, is one of them.

Today, construction of the metro project is more than halfway complete; the metro line is expected to begin operating officially in 2028, benefiting about three million local residents and unlocking a horizon of new opportunities for Bogotá’s future development.

While looking into the future, this May, new sparks have been added to the story between China and Colombia. Following the Fourth Ministerial Meeting of the China-CELAC Forum, the two governments signed a cooperation plan for jointly building the Belt and Road Initiative. The two countries also signed documents to promote policy dialogue and exchanges of experience in areas concerning the macroeconomy, BRI cooperation, trade and investment, among others.

In recent years, China and Latin American and Caribbean countries have stood shoulder to shoulder in solidarity and mutual support, continuously deepening political mutual trust. Powered by mutual benefit and win-win, both sides have been committed to boosting steady and long-term cooperation. The relations between China and the Latin American and Caribbean countries have entered a new phase marked by equal stances, mutual benefits, innovation, openness, and a people-centered approach.

In Peru, the Chancay Port, a flagship project of the BRI cooperation between China and Peru, is not only the first world-class deep-water port that features smart technology and green development in Latin America, but is also poised to establish a new land-sea transport corridor between Latin America and Asia. In Brazil, from soybeans and coffee to photovoltaic plants and satellites, the extensive cooperation with China spells “new” and “pragmatic.” In Trinidad and Tobago, the Phoenix Park Industrial Estate, a flagship BRI project between the two countries, has become the first eco-friendly light industrial park in Latin America with full 5G coverage. In Chile, over 90% of its cherries are exported to China, while nearly 98% of the country’s products, including cherries, enjoy zero-tariff treatment under the two countries’ bilateral free trade agreement.

People-to-people exchanges between China and the Latin American and Caribbean countries have grown increasingly frequent and earnest. From the cross-cultural exhibition showcasing dialogue between China’s ancient Shu civilization and Peru’s Inca civilization, to the joint archaeological exploration conducted by Chinese and Honduran experts, and the steadily rising number of exchange students between China and the Latin American and Caribbean countries, all these have been echoed in a Chinese poem: “True friendship knows no distance; even thousands of miles apart, we remain close neighbors.” It is apparent that China and the Latin American and Caribbean countries are growing ever closer as friends and partners, bonded by their kindred spirits.

The world has every reason to look forward to a more enchanting new chapter in building a China-Latin America and Caribbean community with a shared future — one that will continue to be an exemplar of South-South Cooperation, while injecting a dose of stability and positivity into a turbulent world.

China Mosaic
http://www.china.org.cn/video/node_7230027.htm

New chapter in China-LAC cooperation: Though oceans apart, kindred spirits remain connected
http://www.china.org.cn/video/2025-05/21/content_117887107.shtml

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SOURCE China.org.cn

Technology

Yon Raz-Fridman Joins Intrinsic Labs as Co-Founder and Partner

Published

5 minutes ago

April 30, 2026

Most AI companies are selling software. Intrinsic is deploying AI workers into the core operations of mid-market companies – and just brought in a serial tech entrepreneur to help the firm scale across the Heartland.

COLUMBUS, Ohio, April 30, 2026 /PRNewswire/ — Intrinsic Labs today announced that Yon Raz-Fridman has joined the firm as a Co-Founder and Partner.

Raz-Fridman has spent nearly two decades building across software, hardware, and platform businesses. Early in his career, he served as Chief of Staff to the President of Keter Group, a $1 billion-plus global consumer products manufacturer. He went on to co-found Kano, the award-winning educational computing company, and later founded Supersocial, the immersive gaming studio acquired by Super League Enterprises in 2025. He is a member of the World Economic Forum’s Technology Convergence Council.

He joins Intrinsic at a moment when mid-market companies are moving from AI experimentation to deployment. Intrinsic works with operators in logistics, construction, insurance, manufacturing, and industrial markets to deploy AI workers into the workflows that run the business – increasing throughput, reducing manual work, and expanding capacity without adding headcount.

The firm has built its reputation on practical deployments tied to real operating metrics. In one engagement with a national real estate brokerage, Intrinsic’s AI Accounting Agents reached 97% invoice coding accuracy, automated 90% of the AP workflow, and fully removed FTEs from the review flow.

“Yon understands what it takes to build and scale in the real world,” said Jon Slemp, Managing Partner at Intrinsic Labs. “Our clients aren’t buying flashy agents, they’re buying outcomes and reliable labor. They need agentic systems that take work off their teams, perform reliably, and produce measurable gains in throughput and capacity. That’s what we build.”

As Co-Founder, Raz-Fridman will oversee Intrinsic’s expansion – designing the channel relationships, institutional partnerships, and market positioning that take the firm from a proven Ohio model to the defining AI workforce platform for America’s industrial middle market.

“The companies that win over the next decade will be the ones that figure out how to staff AI into their operations and manage it like a workforce. Intrinsic is doing that work now, inside real businesses, tied to real outputs. The Heartland is exactly the right place to prove this model, and Intrinsic is exactly the right team to do it.” — Yon Raz-Fridman

About Intrinsic Labs LLC
Intrinsic Labs helps mid-market companies deploy AI workers into the workflows that run their business. The firm focuses on logistics, construction, insurance, manufacturing, and industrial markets, where manual work, fragmented systems, and labor constraints create clear opportunities for leverage. Intrinsic works with clients to put AI workers into production, tie them to operating KPIs, and help teams scale output without scaling headcount. https://www.intrinsic-labs.ai/

About Team Yon LLC
Team Yon LLC is a management company founded by Yon Raz-Fridman that incubates new ventures, provides executive leadership, and makes strategic investments at the intersection of emerging technology and human advancement. Through Team Yon LLC, Raz-Fridman partners with founders and operators across healthcare, AI, and frontier technology – including his role as co-founder and Partner at Intrinsic Labs. https://teamyon.org

Media Contact:hello@intrinsic-labs.ai

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SOURCE Team Yon LLC

Technology

Wipfli to complete CompliancePoint transaction and add associates, expanding capabilities

Published

5 minutes ago

April 30, 2026

MILWAUKEE, April 30, 2026 /PRNewswire/ — Wipfli, a top 25 national advisory and accounting firm, announced today it has entered into an agreement with CompliancePoint Inc., a provider of risk management services focused on information security, data privacy and regulatory compliance. 2 partners and 52 associates will join the firm as a result of the transaction.

Based in Duluth, Georgia, CompliancePoint brings specialization across cybersecurity, privacy and compliance, serving clients across a wide variety of industries. The addition strengthens Wipfli’s risk management offerings and expands its ability to help organizations navigate regulatory scrutiny, evolving cybersecurity threats and complex data protection requirements.

“Organizations today are under more pressure than ever to protect sensitive information and operate responsibly in an evolving regulatory environment,” said Kurt Gresens, CEO at Wipfli Advisory, LLC. “The team at CompliancePoint brings specialized experience and a strong, people-first approach that enhances how we support clients navigating today’s risk landscape.”

CompliancePoint has built its reputation on helping organizations manage risk across the full data lifecycle, with a holistic approach that recognizes how privacy, security and compliance intersect. The combined professional teams from CompliancePoint and Wipfli will deliver expanded, integrated advisory solutions designed to help clients proactively manage risk while supporting long-term growth and operational resilience.

“Wipfli shares our commitment to practical, client-focused solutions and long-term relationships,” said Greg Sparrow, CompliancePoint president. “Together, we’re expanding the resources available to our clients while continuing to deliver the specialized experience and trusted relationships they rely on.”

The addition of the CompliancePoint team also supports Wipfli’s continued investment in talent and innovation. CompliancePoint associates will join a national firm that emphasizes collaboration, professional development and meaningful client impact, while maintaining the specialized focus that has defined their work.

The transaction is expected to become effective on May 1st, 2026

About Wipfli

Wipfli is a leading national advisory and accounting firm with nearly 100 years of experience serving ambitious middle-market organizations. We understand our clients’ unique challenges and help them succeed on their terms through assurance, tax, advisory, outsourcing and technology services. With 3,000+ associates and global alliances, we combine national capabilities with local relationships. Wipfli operates under an alternative practice structure: Wipfli LLP, a licensed CPA firm, provides attest services, while Wipfli Advisory LLC, a non-CPA firm, delivers business advisory and non-attest services. Learn more at wipfli.com or contact Alicia O’Connell at alicia.oconnell@wipfli.com.

Media Contact

Alicia O’Connell
Wipfli
alicia.oconnell@wipfli.com

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SOURCE Wipfli

Technology

Ginkgo Bioworks Announces Date of First Quarter 2026 Results Presentation

Published

5 minutes ago

April 30, 2026

Presentation and Q&A session scheduled for post-market on Thursday, May 7, 2026

BOSTON, April 30, 2026 /PRNewswire/ — Ginkgo Bioworks Holdings, Inc. (NYSE: DNA, “Ginkgo”) today announced that it plans to host a presentation and Q&A session reviewing business performance for the first quarter ended March 31, 2026, on Thursday, May 7, 2026, beginning at 4:30 p.m. ET.

The presentation details and webcast link will be available on Ginkgo’s investor relations website at https://investors.ginkgobioworks.com, and a replay will be made available.

To ask a question ahead of the presentation, please submit them to @Ginkgo on X (hashtag #GinkgoResults) or by sending an e-mail to investors@ginkgobioworks.com.

About Ginkgo Bioworks
Ginkgo Bioworks builds the tools that make biology easier to engineer for everyone. The company offers autonomous laboratories that replace manual laboratory work with robotics in the lab, greatly improving the productivity of scientists. Ginkgo’s in-house autonomous lab is also available as a “cloud lab” through our Datapoints and Solutions contract research services. For more information, visit ginkgobioworks.com and ginkgobiosecurity.com, read our blog, or follow us on social media channels such as X (@Ginkgo and @Ginkgo_Biosec), Instagram (@GinkgoBioworks), Threads (@GinkgoBioworks), or LinkedIn.

Ginkgo Bioworks Contacts:

INVESTOR CONTACT:

investors@ginkgobioworks.com

MEDIA CONTACT:

press@ginkgobioworks.com

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SOURCE Ginkgo Bioworks