Google has introduced a short course designed to teach people how to build functional applications with artificial intelligence, lowering the technical barrier for workers who want to create software without conventional programming skills. The “AI for App Building” course is built around the emerging practice of “vibe coding”, in which users describe what they want an application to do in everyday language and an AI system generates […]
Google Cloud has set the end of 2027 as its first major deadline for protecting customer workloads and sensitive data flows against attacks enabled by future quantum computers, marking a significant step in its wider plan to make its cloud infrastructure post-quantum ready by 2029. The timetable places so-called “store now, decrypt later” attacks at the front of the company’s security migration. Under that threat model, attackers […]
Cybersecurity researchers have found evidence that ExfilSquad obtained sensitive information belonging to at least 13 organisations, strengthening earlier claims by the emerging extortion group after it began distributing stolen datasets through torrent networks. The disclosures cover organisations in the United States, Britain and Sweden and span government, education, aviation, insurance, technology and consumer services. Investigators examining the material say the leaked files contain personally identifiable information, customer […]
Firebird has opened a large-scale artificial intelligence computing facility in Armenia, launching an ambitious expansion that is expected to deploy more than 70,000 NVIDIA Blackwell and Rubin GPUs by the end of 2027. The facility at Hrazdan marks the operational debut of Firebird’s international AI infrastructure platform. The company plans to expand the Armenia operation to 300 megawatts of computing capacity through a three-phase programme, potentially establishing […]
Anthropic is negotiating a possible $6 billion acquisition of artificial intelligence infrastructure company Decart AI, a transaction that could become the Claude developer’s largest takeover and strengthen its ability to reduce the soaring cost of running advanced AI models. The discussions remain unfinished and could still collapse. The proposed deal centres less on expanding Anthropic’s consumer product portfolio than on improving the economics of computing. Decart develops […]
The FBI and NCAA have launched a joint effort to protect college athletes from hackers seeking private images and using stolen material for sexual exploitation, blackmail and online harassment. The initiative follows growing concern that athletes’ highly visible digital profiles are giving criminals more opportunities to identify targets, compromise accounts and obtain intimate photographs or videos. Attackers commonly use phishing messages, stolen or guessed passwords and PINs, […]
Cloudflare recorded a sharp escalation in high-bandwidth distributed denial-of-service attacks during the second quarter of 2026, mitigating 805 network-layer attacks that exceeded 1 terabit per second as attackers increasingly deployed overwhelming bursts of traffic against online infrastructure. The figure was more than six times the 130 terabit-scale attacks recorded during the first quarter. It brought the total number of attacks exceeding 1 Tbps during the first half […]
Google has unveiled its Pixel 11 smartphone range with higher starting prices, a new Tensor G6 processor and deeper Gemini integration, placing artificial intelligence at the centre of its latest challenge to Apple and Samsung. The Pixel 11 starts at $899, while the Pixel 11 Pro is priced from $1,099 and the larger Pixel 11 Pro XL from $1,299. All three models are available for pre-order and […]
Google has opened Google Earth’s flight simulator to users worldwide through the web, bringing a feature that spent almost two decades largely confined to its desktop application directly into the browser. The experimental tool allows people to fly across Google Earth’s satellite imagery and three-dimensional terrain without installing separate software. The simulator is available from the Tools menu after users launch the web version of Google Earth […]
Snowflake and Anthropic are expanding the use of AI agents across corporate workflows as businesses shift from experimental generative AI projects towards systems capable of analysing governed data and carrying out multi-step tasks inside production environments. The collaboration is increasingly centred on Snowflake Cortex Agents, which combine Anthropic’s Claude models with Snowflake’s enterprise data, governance and security infrastructure. The approach allows organisations to build agents that retrieve […]
Rackspace Technology posted modest second-quarter revenue growth as stronger private cloud sales offset weakness in its larger public cloud business, while higher costs and investment in artificial intelligence pushed the company deeper into the red. The San Antonio-based cloud and technology services group generated revenue of $670.1 million for the three months ended June 30, up 0.6% from $666.3 million a year earlier. Private Cloud revenue climbed […]
SINGAPORE – Media OutReach Newswire – 12 August 2026 – Artificial intelligence is driving one of the largest infrastructure investment cycles in decades, but the rapid global build-out of data centers is also creating a new era of construction, operational, climate and insurance risks, according to the latest Allianz Commercial The data center construction boom: risks and claims trends report. Annual investment in data centers is projected to double from around US$500bn in 2024 to more than US$1trn as early as 2027. The investment opportunity extends far beyond server halls to electricity generation, grid infrastructure, cooling, networking, and semiconductors. According to Allianz Research, the US and China are expected to account for around 62% of new global capacity additions through 2030, but the next wave of investment is becoming increasingly global. In Europe, Germany, the UK and Ireland remain major markets, but faster expansion is expected in Spain, Finland and Denmark, where power availability and permitting conditions can be more favorable. Across Asia Pacific, excluding China, installed capacity is projected to increase from around 9GW today to more than 28GW by 2030, with Malaysia expected to grow more than tenfold.
“AI is turning the latest generation of data centers from a specialist real estate asset into mission-critical infrastructure,” says Thomas Lillelund, CEO of Allianz Commercial. “The scale of investment is extraordinary and, as these centers evolve beyond traditional data storage to high-performance compute demands, success will increasingly depend on resilience: access to power, reliable supply chains, robust construction controls, as well as climate-aware site selection and insurance programs that reflect the true accumulation risk. Indeed, comprehensive insurance cover has become a prerequisite for financing many large-scale AI infrastructure projects.”
Resilience must be central to data center operations The sector’s biggest constraints are increasingly physical rather than financial. Competitive advantage is increasingly determined by access to electricity, grid connections, permitting, specialized equipment and skilled labor. In the US alone, the construction industry faces a shortage of around 439,000 skilled workers, while an estimated 349,000 additional workers may be needed in 2026. Climate resilience is increasingly a strategic consideration rather than an operational afterthought. Around 79% of global data center capacity is already located in areas exposed to heightened natural catastrophe risk, while 54% is exposed to chronic heat and drought stress. Some of the fastest-growing AI infrastructure markets are also among the most climate-exposed, including Northern Virginia, US, Johor in Malaysia, and Marseille, France. Acute flood, wildfire and wind exposure is highest in the Americas, affecting 86% of capacity, while chronic heat and drought stress is greatest in Asia Pacific, where 89% of capacity is exposed.
Global data center insurance market will more than double by 2030 Insurance is evolving alongside the sector. As data centers assume a more critical role in infrastructure, comprehensive insurance cover has become a prerequisite for financing many large-scale AI infrastructure projects. Construction costs for a single AI campus can exceed US$20bn, with insured values rising substantially once high-performance computing equipment is installed. The global data center insurance market is projected to grow from around US$11bn today to more than US$24bn by 2030, reflecting rapid capacity expansion, rising insured values and increasing operational complexity. Demand is expected to extend beyond traditional property cover towards integrated solutions spanning construction, engineering, property, business interruption, cyber and liability, while also creating new opportunities in areas such as energy resilience, operational continuity, and technology risk.
Risk and claims trends: fire drives severity; water damage frequency Allianz Commercial analysis of insurance industry data center-related claims shows that fire is the leading driver of loss severity, accounting for well over 50% of around €700mn (US$800mn) worth of losses. Natural catastrophe activity ranks second, followed by willful acts, which include crime and cyber incidents, followed by power failure. Water damage is the most frequent cause of data center claims, followed by willful acts, fire, and equipment breakdown. Business interruption is the primary driver of claims severity by line of insurance, highlighting the significant financial impact of operational downtime.
The data center risk profile is changing as facilities become larger, more complex, and more increasingly interdependent. Hyperscale and colocation of campuses can bring together multiple tenants, construction works, servers, supporting utilities and on-site infrastructure in one physical or operational space. A single event can therefore trigger claims across property, construction, business interruption, liability, cyber, and financial lines. Real-life claims case studies show that in hyperscale facilities, damage to external cooling systems, hot works-related fire damage, and a delay in start-up caused by power disturbances have each resulted in losses in the US$50mn to US$100mn range.
“For insurers, the key question is not only the value of the building, but the concentration of value and dependency inside and around it. Power, cooling, batteries, fiber routes, testing and commissioning, and business continuity planning are all part of the same risk picture. Effective risk mitigation must begin early and continue throughout the data center lifecycle. Resilience must be designed in from the earliest planning stage,” explains Christian Kolbe, Global Head of Construction Claims at Allianz Commercial.
Clarity between policies essential to avoid ambiguity Data center projects encompass different project phases with several stakeholders and interests involved, which can create complications. During the construction phase, stakeholders include the owner, developer, contractor, and subcontractors, whereas in the operational phase, the stakeholders include the owner-operator, and potentially multiple tenants or end users. For example, different policies could respond to a hot works-related fire resulting in damage to a data center nearing completion, and this would impact different stakeholders.
“Clarity is critical with an insurance claim,” says Charlotte Field, Regional Head of Short-tail Claims, Asia, at Allianz Commercial. “Clearly documented handovers are essential between your construction all-risk policy and operational policy. There must be no ambiguity about practical completion, in order to avoid disputes over which policy responds to a particular event and the extent of cover.”
The issuer is solely responsible for the content of this announcement.
About Allianz Commercial
Allianz Commercial is the center of expertise and global line of Allianz Group for insuring mid-sized businesses, large enterprises and specialist risks. Among our customers are the world’s largest consumer brands, financial institutions and industry players, the global aviation and shipping industry as well as family-owned and medium enterprises which are the backbone of the economy. We also cover unique risks such as offshore wind parks, infrastructure projects or film productions. Powered by the employees, financial strength, and network of the world’s #1 insurance brand, we work together to help our customers prepare for what’s ahead: They trust us in providing a wide range of traditional and alternative risk transfer solutions, outstanding risk consulting and Multinational services as well as seamless claims handling. Allianz Commercial brings together the large corporate insurance business of Allianz Global Corporate & Specialty (AGCS) and the commercial insurance business of national Allianz Property & Casualty entities serving mid-sized companies. We are present in over 200 countries and territories either through our own teams or the Allianz Group network and partners. In 2025, the integrated business of Allianz Commercial generated around €17.3 billion in gross premium globally. https://commercial.allianz.com/
Nvidia is joining forces with six of the world’s biggest investment groups to mobilise more than $500 billion for artificial intelligence infrastructure, creating financing platforms designed to expand access to the computing capacity underpinning the global AI boom. The chipmaker has signed memorandums of understanding with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR. The firms plan to establish independent platforms that will provide dedicated pools of […]
Meta has released Muse Glimmer, a 30-billion-parameter open-weight artificial intelligence model designed to run agentic workloads on consumer hardware, while preparing an open-weight version of its flagship Muse Spark 1.2 model for release within weeks. The launch marks a renewed push by Meta to make downloadable AI models a central part of its strategy after its Muse family initially moved towards controlled access. Muse Glimmer, released on […]
The compromise of LiteLLM has sharpened concerns that software underpinning artificial intelligence systems is becoming a strategic target for attackers seeking credentials, cloud access and pathways into other technology projects. Two malicious versions of the widely used LiteLLM Python package, 1.82.7 and 1.82.8, were published to the Python Package Index on March 24. They remained available for about 40 minutes before PyPI quarantined the project. The affected […]
Anthropic is introducing invisible, machine-readable markings into Claude-generated text and supported files, adding a new layer of provenance as artificial intelligence companies face tougher transparency requirements in Europe. The system is designed to follow generated material beyond the Claude interface, although the company acknowledges that substantial editing can defeat detection. Claude models launched on or after August 2, 2026 are being designed to support the marking system […]
Atlassian has fixed a security flaw in its Rovo artificial intelligence assistant that could have allowed attackers to turn a single malicious link into a channel for stealing sensitive corporate information from services accessible to a logged-in employee. The vulnerability, dubbed RovoBlast, exploited the way Rovo Chat processed externally supplied information embedded in URLs. An attacker could construct a link containing malicious instructions and persuade an authenticated […]
A coordinated campaign involving 77 counterfeit extensions on the Open VSX Registry exposed sensitive information about developer machines, Git repositories and continuous integration environments, highlighting a growing software supply-chain risk around code-editor plugins. The extensions appeared between July 26 and August 1 and impersonated legitimate tools available through the Visual Studio Code ecosystem. All 77 had been removed from Open VSX by August 3, but security specialists […]
JAKARTA, INDONESIA – Media OutReach Newswire – 10 August 2026 – On August 6, the “Boundless Creativity, Connecting Youth” China–Indonesia Youth Cultural Exchange Series was held in Jakarta, Indonesia. The event was jointly hosted by the China Intercontinental Communication Center (CICC) and Indonesia’s GARUDA TV, with co-organized by Luoyang Radio and Television Media Group Co., Ltd. and Coocaa, a brand under Skyworth Group. More than 800 people attended the opening ceremony. Among them were representatives from government agencies, cultural circles, news media, and creative industries, as well as youth delegates from higher education institutions across both nations.
At the event, the exhibitions Her Bloom: A Digital Cultural Heritage Exhibition on Luoyang, the Divine Capital and the Indonesian leg of Emerging Forces, Boundless Horizons: A Global Touring Exhibition Series Featuring Young Chinese Artists officially opened. The event also launched a China–Indonesia media organization, FAST Media Alliance, the Indonesian broadcast of the micro-drama Her Bloom, and the China–Indonesia Visual Project—Nanyang Film Festival, among other collaborative initiatives.
In her remarks, Anindita Kusuma Listya, Special Advisor to the Minister of Culture for Cultural Diplomacy and Cultural Industries at Ministry of Culture of Indonesia, expressed her strong appreciation for the event’s focus on youth connectivity, digital innovation, and media co-creation. She noted that Indonesia has consistently attached great importance to cultural exchanges and cooperation with China, encouraging young people, arts professionals, media organizations, and cultural and creative enterprises from both countries to engage in regular, in-depth, and multidimensional collaboration. As nations with diverse civilizations, Indonesia and China enjoy vast potential for cooperation and closely aligned development needs in cultural heritage preservation, digital cultural and creative industries, film and television production, and youth innovation.
Wang Siping, Counsellor at the Chinese Embassy in Indonesia, said in his remarks that cultural exchanges and cooperation between China and Indonesia have yielded fruitful results in recent years, while people-to-people exchanges have continued to gain momentum. He expressed the hope that young people from both countries would engage more frequently and that more events such as “Boundless Creativity, Connecting Youth” would be organized and widely attended. China is ready to pursue more cooperation with Indonesia and share more opportunities. China also stands ready to work hand in hand with Indonesia to cultivate the fertile ground of people-to-people exchanges, expand channels for youth engagement, strengthen the “people-to-people pillar” of bilateral relations, and advance the high-quality building of a China–Indonesia community with a shared future.
Al Busyra Basnur, Chairman of the Indonesia–China Friendship Association, noted in his remarks that both China and Indonesia possess abundant pools of young talent. Cooperation among outstanding young people from the two countries, he said, will not only deepen bilateral relations but also inject fresh momentum into regional prosperity, technological progress, and the building of a more peaceful and closely connected world. He expressed his hope of holding in-depth discussions with all parties during the subsequent activities on such issues as advancing China–Indonesia relations, talent development, and educational exchanges, with a view to identifying practical avenues for cooperation.
Arianto Surojo, Consul General of Indonesia in Guangzhou, said that the event was innovative in concept and far-reaching in significance, providing a high-level platform for cultural exchanges between Indonesia and China in the new era. Youth-oriented, digital, and innovative forms of exchange such as this, he noted, enable people—especially young people—in both countries to gain a more direct understanding of one another and forge deeper connections. They also help elevate cultural exchanges between Indonesia and China from the superficial to the substantive, enriching the content of bilateral people-to-people cooperation. “When young people thrive, nations thrive; when young people are strong, nations are strong,” he said. “Let us embrace the spirit of exploration and innovation and jointly write a new chapter in the friendship between our two countries.”
Li Mian, Deputy President of CICC, said that CICC has long worked with media organizations in Southeast Asia to promote cultural exchanges. Over the years, CICC has actively advanced audiovisual cooperation with mainstream media outlets in Indonesia and elsewhere in Southeast Asia through the television program UPanda Cinema. Through this event, CICC has launched such collaborative projects as the China–Indonesia media organization, FAST Media Alliance, the broadcast of the micro-drama Her Bloom, and the China–Indonesia Visual Project. These initiatives aim to tell the story of China–Indonesia friendship, share digital technologies and high-quality resources, and promote deeper, more substantive cooperation between the two countries.
Atika Suri, Editor-in-Chief of Indonesia’s GARUDA TV, said that the event, focusing on youth exchange and cultural empowerment, carried out a rich array of activities, including digital cultural heritage exhibitions, joint visual exhibitions, and touring exhibitions of young artists. It not only carries forward the traditional friendship between Indonesia and China, she said, but also represents an active exploration of new models and pathways for people-to-people cooperation in the new era.
Li Jing, Vice President of Coocaa, a Skyworth Group company, and CEO of Coolita, said that emerging technologies such as artificial intelligence, smart television, and FAST are driving the global media industry into a new digital era, creating fresh opportunities for cultural communication and international media cooperation. During the event, Coolita and CICC jointly launched the China–Indonesia media organization, FAST Media Alliance. Going forward, they will work with Indonesian media organizations and partners such as Tencent Cloud to explore innovative models in artificial intelligence, FAST, and digital content distribution; drive the digital transformation of traditional media; and promote innovation in the digital cultural industries of both countries.
The event also featured themed roundtable discussions bringing together esteemed institutions and figures. Participants included China National Archives of Publications and Culture, Tencent Cloud, “Honor of Kings”, the acting head of the Institute of Social Sciences and Humanities (ISSH) at Indonesia’s National Research and Innovation Agency, the University of Indonesia, LSPR Institute of Communication and Business, the Jakarta Film Commission, the renowned game studio Anantarupa Studios, and the visual creative studio Mono Studio. They were joined by Indonesian contemporary painting master Sidik Martowidjojo (Ma Yongqiang) and Chinese young artist Ren Zhe.
The issuer is solely responsible for the content of this announcement.
Cloudflare has open-sourced Cloudflare OS, an artificial intelligence productivity platform designed to let organisations deploy AI agents, build applications and automate workplace tasks while maintaining tighter control over data access and security. The platform, released under the Apache 2.0 licence, is not a conventional operating system such as Windows or Linux. Cloudflare describes it instead as an operating environment for AI-powered work, combining agent-based interfaces, application development […]
Elon Musk has predicted that Starlink connectivity will eventually become standard across cars worldwide, extending SpaceX’s satellite broadband ambitions into an automotive market increasingly dependent on permanent, high-bandwidth data links. “All cars will have Starlink in the future,” Musk said in a post on X, adding that satellite connectivity was the only practical way to deliver very high bandwidth to billions of vehicles. The statement sets out […]
AMD has agreed to acquire Toronto-based chip startup Taalas, adding technology that embeds artificial intelligence models directly into silicon as the semiconductor group intensifies its push into the fast-growing AI inference market. The deal, announced on August 6, will bring Taalas’s specialised inference technology and engineering team into AMD’s Artificial Intelligence Group. Financial terms were not disclosed. Completion remains subject to customary regulatory approvals and closing conditions. […]
A security weakness in Anthropic’s Claude Code could allow a malicious pull request to trigger arbitrary code execution on a developer’s machine by exploiting previously granted trust for project-level Model Context Protocol configurations. The issue centres on Claude Code’s handling of the. mcp. json file, which allows repositories to define MCP servers used by the coding agent. These servers can launch local commands and connect Claude Code […]
A Canadian hacker has pleaded guilty to taking part in a sweeping cybercrime operation that compromised accounts belonging to more than 165 organisations using cloud data platform Snowflake, exposing sensitive information belonging to at least 100 million people. Connor Riley Moucka, 26, of Kitchener, Ontario, admitted computer fraud, wire fraud, aggravated identity theft and conspiracy in federal court in Washington state. He is scheduled to be sentenced […]