Ascalon is about half as fast as Veyron V2, partially due to lower clock frequency (~2.6 GHz): https://riscv.or.jp/wp-content/uploads/Japan_RISC-V_day_Spri...
It's really more designed as a "we need a decently fast and efficient CPU for our AI accelerator" then a "let's build the fastes CPU possible".
We need to be able Math software on modern open hardware
We need to be able to program with a better assembly
We need to be able to have predictable code generation from our compilers
We need to play with a new architecture and port software as an exercise
We need to have choice
allegedly competitive, according to the vendor who is not impartial and with no actual benchmarks in existence to prove anything.