Bernstein projects Nvidia's China AI chip share falls from 66% to 8% in 2026 while Huawei targets $12B in revenue, with ByteDance alone committing $5.6B in Ascend 950PR orders.

Seven families filed federal lawsuits against OpenAI and CEO Sam Altman personally, seeking over $1B after the company ignored its safety team's warnings before the Tumbler Ridge shooting.

NVIDIA's new open omni model activates 3B of 30B parameters, processes video, audio, and documents in one pass, and delivers up to 9.2x higher throughput than other open omni models.

Microsoft's Q3 FY2026 earnings show its AI business running at $37 billion annually - up 123 percent - while Copilot enterprise seats hit 20 million, demolishing the low-adoption narrative.

Mistral releases Medium 3.5, a 128B open-weights model that scores 77.6% on SWE-Bench Verified, and pairs it with asynchronous cloud coding agents in Vibe that open pull requests on GitHub while you are away.

Anthropic is considering a $40-50 billion funding round at a valuation of up to $900 billion, which would make it the world's most valuable private AI company, surpassing OpenAI.

WSJ reports OpenAI missed multiple monthly revenue targets and its 1B user goal in 2026, sending Oracle down 6% and chip stocks sliding as IPO doubts surface.

A federal trial over OpenAI's shift from nonprofit to for-profit opened in Oakland on April 28, with Musk seeking $134B in damages, Altman's removal, and a full corporate reversal.

XChat launched April 24 promising end-to-end encryption, but security researchers found private keys stored on X's own servers, no certificate pinning, and a four-digit PIN as the only defense.

Microsoft drops exclusive OpenAI IP rights and ends its revenue-share payments as OpenAI gains freedom to deploy on Google Cloud, AWS, or any provider.