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Huawei unveils the Ascend 920 AI chip, expected to hit mass production in H2 2025, after Trump included Nvidia H20 in the ban on AI chip exports to China (Jowi Morales/Tom's Hardware)

Jowi Morales / Tom's Hardware : Huawei unveils the Ascend 920 AI chip, expected to hit mass production in H2 2025, after Trump includ...

2 September 2024

Sources: ByteDance is tapping banks, including Citigroup and JPMorgan, for a $9.5B loan, the biggest dollar-denominated corporate loan in Asia excluding Japan (Chien Mi Wong/Bloomberg)

Chien Mi Wong / Bloomberg:
Sources: ByteDance is tapping banks, including Citigroup and JPMorgan, for a $9.5B loan, the biggest dollar-denominated corporate loan in Asia excluding Japan  —  - Loan carries greenshoe option that allows size to increase  — Citigroup, Goldman Sachs, JPMorgan are the loan coordinators

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