Saturday, May 8, 2021

IDC: companies around the world are on pace to spend $240.6B on edge computing through 2024, at a compound annual growth rate of more than 15% (Angus Loten/Wall Street Journal)

Angus Loten / Wall Street Journal:
IDC: companies around the world are on pace to spend $240.6B on edge computing through 2024, at a compound annual growth rate of more than 15%  —  Firms world-wide on pace to spend $240.6 billion on edge computing through 2024  —  Companies are expected to raise spending over the next few years …



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Chinese autonomous trucking company DeepWay raised ~$173M ahead of its planned Hong Kong IPO, filed in November 2025; DeepWay reported ~$215M in H1 2025 revenue (Dong Cao/Bloomberg)

Dong Cao / Bloomberg : Chinese autonomous trucking company DeepWay raised ~$173M ahead of its planned Hong Kong IPO, filed in November 20...