Wednesday, April 7, 2021

Autonomous trucking startup TuSimple is aiming to raise ~$1.3B in its US IPO, with expected share price between $35-$39, and is targeting a valuation of $8B+ (Reuters)

Reuters:
Autonomous trucking startup TuSimple is aiming to raise ~$1.3B in its US IPO, with expected share price between $35-$39, and is targeting a valuation of $8B+  —  (Reuters) -Self-driving truck startup TuSimple Holdings Inc said on Wednesday it was targeting a valuation of more than $8 billion in its U.S. initial public offering (IPO).



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Power prices surge in Virginia, home to the world's largest data center hub; record demand is expected during the winter storm, partly due to data center needs (Tim McLaughlin/Reuters)

Tim McLaughlin / Reuters : Power prices surge in Virginia, home to the world's largest data center hub; record demand is expected dur...