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Coinbase sues Connecticut, Illinois and Michigan over state attempts to regulate prediction markets, arguing that they fall under the jurisdiction of the CFTC (Olga Kharif/Bloomberg)

Olga Kharif / Bloomberg : Coinbase sues Connecticut, Illinois and Michigan over state attempts to regulate prediction markets, arguing th...

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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