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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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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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Robotics
Robotics

Atoms develops robotaxi technology after Pronto acquisition

Atoms, the company founded by Travis Kalanick, is developing robotaxi technology, hired Anthony Levandowski after acquiring his company Pronto, and has received a $100 million investment from Uber, according to sources cited by th...

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...

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, ...

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...

Products Infrastructure
Products Infrastructure

Isar says Spectrum deployed payloads on second flight

Isar Aerospace said its Spectrum vehicle reached orbit and deployed payloads from Andøya Space in Norway on its second flight. The company said the qualification mission completed stage separation, second-stage ignition, circulari...