Good morning, tech enthusiasts! Here’s a quick roundup of today’s key tech updates:
What’s New Today: Huawei is launching its most advanced AI processor, the Ascend 910D, aiming to rival Nvidia's H100 and surpass its performance.
Fast-Track Insights: Female founders have raised nearly €103 million in the past week, signaling increased investor confidence in women-led ventures.
Here’s a quick rundown of the biggest tech headlines making waves today. Let’s dive into today’s top stories, from Huawei’s Ascend 910D processor to the funding surge for female founders.
Let’s dive into the day’s top stories, from Huawei’s groundbreaking AI processor to the surge of funding for female-led startups!
Huawei Technologies is developing its most advanced AI processor, the Ascend 910D, targeting performance surpassing Nvidia's H100. The company has engaged Chinese tech firms to test the chip's feasibility, with sample batches expected by late May. This initiative aligns with Huawei's strategy to replace high-end Nvidia products, especially as U.S. sanctions restrict China's access to advanced AI chips.
In the past week, female-led startups collectively raised nearly €103 million, marking a significant uptick in venture capital investment. This surge underscores growing investor confidence in women entrepreneurs, with substantial funding rounds across various sectors. The trend highlights the increasing prominence and impact of female founders in the startup ecosystem.
Canada's job market for new graduates has deteriorated significantly, with youth unemployment reaching 11.2% in early 2025. Factors such as sluggish economic growth, high interest rates, and U.S.-led trade tensions have led to a scarcity of entry-level positions. This environment traps graduates in a cycle where lack of experience hinders employment opportunities, exacerbating their challenges in securing jobs.
The article discusses how artificial intelligence is revolutionizing insurance claims processing by automating data extraction, enhancing fraud detection, and streamlining workflows. By leveraging AI technologies like natural language processing and machine learning, insurers can process claims more efficiently, reduce errors, and improve customer satisfaction. This transformation leads to faster settlements, better resource allocation, and heightened trust in the insurance process.
Bhutan has partnered with Binance to enable cryptocurrency payments for tourists, allowing them to use digital assets like Bitcoin and Ethereum at over 100 local merchants. This initiative aims to provide a cashless travel experience, positioning Bhutan as a forward-thinking destination embracing digital innovation. The move reflects the country's broader strategy to integrate blockchain technology into its economy.