Huawei has announced a comprehensive roadmap for its chip and computing power development, unveiling plans for **Ascend AI chips**, **Kunpeng server chips**, and high-speed **Atlas supernodes**. This initiative aims to strengthen China’s semiconductor capabilities and reduce dependency on foreign suppliers, particularly **Nvidia**. The company revealed that the **Ascend 950** chip is set for rollout in **2026**, while the **Atlas 950** supernodes will support up to **8,192 chips**. Updates to the **Kunpeng** series are expected by **2028**. This strategic move reflects China’s determination to enhance its domestic chip production amid ongoing U.S. export restrictions and rising technological tensions.
In a separate development, Evolve, an AI-driven corporate learning platform, has successfully raised **$1 million** in seed funding. The investment round was led by **AltaIR Capital**, with contributions from **500 Global** and other investors. Founded in **2023**, Evolve focuses on optimizing onboarding and skill development processes, converting weeks of training into a matter of hours while providing real-time performance tracking. The platform is designed to be **SCORM compliant**, offering instant feedback and integrations with **HRIS** systems. Evolve aims to automate **80%** of human resources and learning workflows, with plans for expansion into the **U.S.** and **European markets**.
The job market for high-frequency trading firms in **India** is experiencing a surge, as entry-level salaries reach record highs of **₹12.5 lakh** per month. Leading companies such as **IMC Trading**, **Quadeye**, and **Citadel Securities** are actively hiring despite stricter regulations imposed by the **Securities and Exchange Board of India (SEBI)** and a **40%** decline in derivatives trading volumes. The demand for quantitative researchers and trading engineers remains robust, as algorithm-driven trading has expanded to encompass **70%** of market activity, heightening competition and shortening the lifespan of trading strategies.
Generative AI models, including **Gemini Flash 2.5**, are having a significant impact on social media aesthetics, sparking polished trends that are affecting the mental health of **Gen Z** users. The prevalence of AI-generated visuals is leading to increased anxiety, as users frequently engage in harmful comparisons that can diminish self-esteem and exacerbate issues such as depression and sleep disruption. Experts advocate for enhanced digital literacy education, transparent AI labeling, and mindful usage of technology. They stress that with the right balance of innovation and empathy, AI can play a supportive role in mental wellness, offering tools for early detection of issues and healthier online environments.
In a notable law enforcement action, Canadian authorities have seized approximately **C$56 million** (around **US$40 million**) from the unregistered cryptocurrency exchange **TradeOgre**. This marks Canada’s largest cryptocurrency seizure and the first shutdown of an exchange. The **Royal Canadian Mounted Police (RCMP)** acted on a tip from **Europol**, alleging that TradeOgre facilitated money laundering by bypassing **Know Your Customer (KYC)** and **Financial Transactions and Reports Analysis Centre of Canada (FINTRAC)** regulations. The data collected from the platform will undergo analysis, with criminal charges anticipated. This case demonstrates ongoing efforts by Canada and the United States to combat cryptocurrency-related crime, which has resulted in the freezing of over **US$300 million** in illicit assets.