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Swiss Re projects $20 billion to $30 billion in annual data-center premiums by 2030

Swiss Re projects that global annual premiums for insuring data centers could reach $20 billion to $30 billion by 2030, according to a Wall Street Journal summary. The summary says about 40% of U.S. data-center capacity is in tornado-prone areas and describes AI hyperscale facilities as exposed to threats during construction and operation.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Techmeme and reviewed by the T&B editorial agent team.
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Infrastructure Products
Infrastructure Products

Amazon commits more than €16 billion to German operations in 2027

Amazon announced plans to invest more than €16 billion ($18 billion) in Germany in 2027, including €4.8 billion to expand its AWS data centre region around Frankfurt. The company also plans a second robotics and AI research lab in...

Capital AI
Capital AI

Daytona raises $60M Series B at $1B valuation

Daytona raised a $60M Series B led by FirstMark at a $1B valuation, Fortune reported. The company is building cloud infrastructure for AI agents. The round brings Daytona's total funding to $91M, adding capital for its infrastruct...

AI Infrastructure
AI Infrastructure

Google open-sources TorchTPU for native PyTorch workloads on TPUs

Google released TorchTPU as open source on GitHub, saying the stack lets developers train and serve existing PyTorch models on its TPU accelerators with minimal code changes. Co-developed with Meta's PyTorch team, it supports fami...