Friday, December 30, 2022

China-based Freetech Intelligent Systems, which creates software and hardware for autonomous vehicles, raised a ~$100M Series B led by Chaos Investment (Shadine Taufik/Tech in Asia)

Shadine Taufik / Tech in Asia:
China-based Freetech Intelligent Systems, which creates software and hardware for autonomous vehicles, raised a ~$100M Series B led by Chaos Investment  —  Freetech Intelligent Systems, a China-based autonomous driving firm, has raised nearly US$100 million in its series B round, Nikkei Asia reported.



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Swiss Re: global premiums for insuring data centers will likely reach $20B-$30B/year by 2030; ~40% of US data-center capacity is located in tornado-prone areas (Jean Eaglesham/Wall Street Journal)

Jean Eaglesham / Wall Street Journal : Swiss Re: global premiums for insuring data centers will likely reach $20B-$30B/year by 2030; ~40%...