Infrastructure

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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Infrastructure AI
Infrastructure AI

TCS-backed HyperVault commits $7.4 billion to southern India AI campus

Tata Consultancy Services said its HyperVault unit and partners have committed 700 billion rupees ($7.4 billion) to establish a large-scale artificial-intelligence data-center campus in southern India. The commitment expands TCS's...

Bloomberg Technology
Capital AI
Capital AI

Report says Anthropic IPO timetable shifts into October

Anthropic is now expected to make its IPO prospectus public in late September and begin marketing no earlier than mid-October, according to people familiar with the matter cited by Reuters. The company had been expected to publis...

CTech
Infrastructure AI
Infrastructure AI

TCS unit commits $7.4 billion for Hyderabad AI data-center campus

Tata Consultancy Services said its HyperVault unit and partners have committed 700 billion rupees, about $7.4 billion, to an AI data-center campus in Hyderabad. The company said the 264-acre site, for which land has been secured, ...

The Next Web
Security Policy
Security Policy

Berlin reviews ransomware data release after rejecting ransom

Berlin's state government said it is reviewing a 5.79TB trove of stolen data published by the Rhysida ransomware group after the state refused to pay a ransom. Reuters reported that the released files reportedly include national-d...

Techmeme
Security Infrastructure
Security Infrastructure

JetBrains tells Cadence users to rotate credentials after TeamCity breach

JetBrains is telling Cadence users to revoke or rotate credentials and secrets after attackers exploited a critical TeamCity vulnerability to breach a Cadence environment. The company said the attackers accessed a 2024 server back...

The Hacker News