AI Industry Development & Policy Dynamics

Gate News message, April 28 — Cadence Design Systems, a California-based chip-design software maker, raised its fiscal 2026 revenue forecast on April 27, citing strong demand for tools used to build AI processors and more complex chips. The company now expects revenue of $6.13

South Korea has overtaken the United Kingdom to become the world's eighth-largest stock market, driven by a surge in artificial intelligence-linked technology companies, according to Bloomberg data compiled in 2026. The total market capitalisation of Korean-listed companies surged more than 45 per c

Gate News message, April 28 — Israeli cybersecurity firm Pentera is cutting approximately 40 jobs, representing less than 10% of its 470-person workforce. The layoffs are concentrated in marketing and headquarters roles as part of a broader reorganization to shift resources toward product

Gate News message, April 28 — On-chain detective ZachXBT alleged that WorldCoin (now World), a company founded by Sam Altman, launched WLD tokens with low circulation and high valuation, mirroring the model used by SBF and FTX. According to ZachXBT, the company distributed small amounts of WLD to us

Gate News message, April 28 — Samsung SDI posted a first-quarter net profit of 56.1 billion won (US$38.1 million) on April 28, rebounding from a 216 billion won (US$147 million) loss a year earlier. Revenue rose 12.6% to 3.6 trillion won (US$2.43 billion), while operating loss narrowed to 155.6 bill

As user growth slows and competition intensifies, OpenAI has not met its 2025 goals for weekly active users and revenue, and the CFO warns that it may be unable to pay data center contracts. Computing power commitments total as much as about $600B, with internal disagreements arising from cost control and expansion strategy. Despite completing a massive round of financing, the funds could be depleted within three years, the IPO timeline is unknown, and lawsuits and internal conflicts also add uncertainty.

According to a report from the Wall Street Journal on April 27, citing people familiar with the matter, OpenAI failed to meet its internal sales targets for several consecutive months in 2026, and ChatGPT also missed the company’s milestone of reaching 1 billion weekly active users by the end of 2025. The report says that OpenAI CFO Sarah Friar expressed concerns about the company’s financial sustainability and its preparedness for a planned initial public offering by year-end.

According to a report by TechCrunch on April 28, citing the latest report from industry analyst Ming-Chi Kuo, who has accurately reported Apple hardware plans multiple times, OpenAI is working with MediaTek, Qualcomm, and Luxshare Precision to develop a smart phone. Kuo said that the specifications and parts suppliers are expected to be confirmed by the end of 2026 or in the first quarter of 2027, with mass production expected to begin in 2028.

Gate News message, April 28 — IndiaAI reduced benchmark prices for Nvidia's B200 GPUs by 10% in the fourth round of its compute tender. The new rates are set at 290.7 rupees (approximately US$3.1) per hour for a single unit and 2,325.6 rupees (approximately US$25) per hour for eight units. The B200

Shaanxi-based laser chip maker Yuanjie Semiconductor Technology reported first-quarter net profit of 179 million yuan (US$26.2 million), up 1,153% year on year, according to the company's financial disclosure. Revenue climbed 321% to 355 million yuan (US$52 million) in the three months ended

According to a report from The Motley Fool on April 27, AI chipmaker Cerebras Systems’ S-1 filing shows that the company’s remaining performance obligations (RPO) are $24.6 billion, and full-year 2025 revenue is $510 million; the report said the company’s IPO target valuation is about $35 billion, corresponding to a price-to-sales (P/S) ratio of roughly 70x.

According to reports by BBC and CNBC on April 27, China’s National Development and Reform Commission (NDRC) has halted Meta Platforms’ deal to acquire AI startup Manus for about $2 billion. In a statement, the NDRC asked the relevant parties to withdraw the acquisition transaction. A Meta spokesperson said the deal “fully complies with applicable law,” and they expect the investigation to be resolved properly.

Dutch chip equipment maker ASML plans to increase production of extreme ultraviolet (EUV) lithography machines by approximately 36% in 2026, driven by rising demand from AI data center expansion, according to the company's latest guidance. ASML aims to manufacture at least 60 standard EUV systems i

Gate News message, April 28 — According to The Wall Street Journal, OpenAI has failed to meet its internal targets for new user acquisition and sales growth, prompting concerns within the company about its ability to sustain massive spending on

Gate News message, April 28 — South Korea's SK Telecom is building AI software for manufacturers centered on digital twins and robot training, enabling process testing in virtual factory models before real-world deployment. The digital twin platform runs on Nvidia Omniverse, while the robot training

Microsoft is rolling out Microsoft 365 Copilot to all 743,000 employees at Accenture, marking its largest enterprise deployment to date, according to Reuters. The move expands Accenture's 2024 plan to offer Copilot to as many as 300,000 employees. Accenture Survey

Gate News message, April 28 — According to Qichacha data, DeepSeek (Hangzhou Deepseek AI Basic Technology Research Co., Ltd.) increased its registered capital from 10 million yuan to 15 million yuan. Founder Liang Wenfeng's registered capital contribution rose from 1 million yuan to 5.1 million yuan

Meta has signed energy deals with Overview Energy and Noon Energy to secure power capacity for its artificial intelligence data centers, according to The Economic Times. The company reserved up to 1 gigawatt

Gate News message, April 28 — Zhipu Z.ai announced an extension of its GLM Coding Plan triple quota promotion from the original April 30 deadline to June 30, covering both GLM-5.1 and GLM-5-Turbo models. The promotion is available during Eastern Time 6:00 AM to 2:00 AM the following day. GLM Coding

Gate News message, April 28 — Taiwan Semiconductor Manufacturing Company (TSMC) is accelerating its capacity expansion at double the historical pace to meet surging demand from artificial intelligence and high-performance computing, according to Hou Yongqing, senior vice president at TSMC. The