Apple’s “Let Loose” iPad event is just over a week away, and the rumors in the leadup are starting to get interesting. According to Bloomberg’s Mark Gurman, the much-anticipated OLED iPad Pro may arrive not with the new M3 chip as we’ve all been expecting, but the next-gen M4 instead. In the Power On newsletter on Sunday, Gurman wrote that he’s “hearing there is a strong possibility” that this will be the case. And, he says it’ll herald Apple’s official entry into AI.

“I believe Apple will position the tablet as its first truly AI-powered device — and that it will tout each new product from then on as an AI device,” Gurman wrote. Doing it this way for the May 7 event would set the stage for Apple to go all-in on AI at its Worldwide Developers Conference (WWDC) in June. This all builds on Gurman’s previous reports that Apple has been in talks with OpenAI and Google to potentially tap their AI tech for new features with iOS 18.

The “Let Loose” product showcase is also expected to bring updates to the iPad Air and iPad accessories like the Magic Keyboard and Apple Pencil. According to Gurman, the upcoming Apple Pencil may introduce haptic feedback.

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