Wednesday, June 25, 2025

Paris-based Zama, which is developing fully homomorphic encryption tech for blockchain and AI apps, raised a $57M Series B at a $1B+ valuation (Cate Lawrence/Tech.eu)

Cate Lawrence / Tech.eu:
Paris-based Zama, which is developing fully homomorphic encryption tech for blockchain and AI apps, raised a $57M Series B at a $1B+ valuation  —  With GPU scaling, chip development, and Ethereum-compatible tools, Zama is turning FHE from theoretical to practical at scale.



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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%...