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01 May 2026

Huawei expects AI chip revenue to surge 60% to $12 billion on strong domestic demand

Huawei anticipates its AI chip revenue will jump at least 60% this year to reach approximately $12 billion, up from $7.5 billion in 2025. The surge is driven by robust demand from Chinese companies for domestic AI chip offerings, particularly the Ascend processor 950PR which entered mass production in March.

2 Sources

Job seekers are walking away from AI interviews as transparency issues fuel candidate pushback

Nearly two-thirds of U.S. job seekers have now been interviewed by AI, marking a 13% increase in just six months. But the candidate experience with AI is driving significant pushback: 38% have already withdrawn from hiring processes involving AI interviews, while another 12% say they would. The core issue isn't AI itself—it's the lack of transparency and human interaction that's making candidates feel processed rather than considered.

5 Sources

India becomes largest market for ChatGPT Images 2.0 as global growth remains modest

OpenAI confirms India as the biggest user base for ChatGPT Images 2.0 since launch, with 5 million downloads during the first week. While Indian users drive strong adoption through self-expression and pop culture content, global engagement shows only modest 1% gains. Emerging markets like Pakistan and Indonesia see sharper spikes up to 79% in app downloads.

2 Sources

Apple warns Mac shortage could last months as AI demand outpaces manufacturing capacity

Apple CEO Tim Cook revealed that Mac mini and Mac Studio shortages may persist for several months as AI-driven demand for Macs surges beyond expectations. The company faces supply constraints as developers rush to purchase these desktops for running local AI models and agentic AI tasks, while also grappling with industry-wide memory shortages and limited chip manufacturing capacity.

21 Sources

Anthropic asks investors for allocations as $900B+ valuation round nears close within two weeks

Anthropic has given investors just 48 hours to submit allocations for its latest fundraise, expected to be roughly $50 billion and close within two weeks. The AI company Anthropic is targeting a potential $900B+ valuation that could surpass OpenAI's $852 billion mark, driven by soaring revenue and demand for its Mythos AI model.

2 Sources

Euro-area finance ministers to discuss Mythos AI as Anthropic faces mounting security concerns

Euro-area finance ministers will convene Monday to address challenges posed by Anthropic's Mythos AI model, a tool so powerful it can enable dangerous cyberattacks. No EU government has access to the system, creating a competitive disadvantage as the White House blocks expansion while the NSA uses it internally.

2 Sources

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