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ByteDance is reportedly looking to finalise the design of its new in-house CPU by early next year, SCMP reports citing sources; targets mass production and wider deployment by H2'27

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Given urgent demand, sources suggest the new the timeline could be brought forward.

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Geopolitics

Gulf official tells CNN “50:50” chance US and Iran could reach deal by Friday, CNN reports; Iranian delegation does not include IRGC, which would need to sign off on details of provisional agreement

Geopolitics

The draft agreed to by Iranian and Omani negotiators awaits final approval from Iran’s supreme leader, two regional officials told The Associated Press on Wednesday

U.S. Economy

US ADP Employment Change (Jul) 44K vs. Exp. 70K (Prev. 98K)