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Source: Ramp raised $200M led by Founders Fund, valuing the startup at $16B, up from $13B in March, when it conducted a $150M share sale (Emily Mason/Bloomberg)

Emily Mason / Bloomberg : Source: Ramp raised $200M led by Founders Fund, valuing the startup at $16B, up from $13B in March, when it con...

13 June 2025

A senior Trump administration official projects that Huawei's Ascend AI chip output will be at or below 200,000 for 2025, in a hearing with US lawmakers (Bloomberg)

Bloomberg:
A senior Trump administration official projects that Huawei's Ascend AI chip output will be at or below 200,000 for 2025, in a hearing with US lawmakers  —  The Chinese technology giant will be able to make just 200,000 of its Ascend AI chips in 2025, Commerce Under Secretary Jeffrey Kessler said Thursday at a Congressional hearing.

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