Correct, it doesn't, as mentioned in both the Max and C4D release blogs:
"Note: Neither of the AI denoisers will work with the new filtering, so it is automatically turned off if either of those is selected. As with all things AI, the software has been “trained” on particular examples of “noisy version of the image vs. clean version of the image” and that training has been with the old, harsh type of noise. We are working with Intel to have their AI denoiser retrained to work with our High Quality Image Filtering, so hopefully that restriction will be removed in the future!"
