The auto sector is bracing for yet another potential supply chain disturbance, this time spurred by the rush to build data centers that train and develop artificial intelligence models. A shortage of memory chips caused by the data center boom already is leading some industry participants to acknowledge more than 100% price hikes, UBS analysts […]
AI Data Center Boom Risks Roiling Global Carmaker Supply Chains Read More »
Zurich Resilience Solutions (ZRS), a risk advisory and engineering service and part of Zurich Insurance, announced the formation of a specialized Data Center Risk Advisory practice, which brings together more than 100 expert risk engineers with experience supporting complex data center projects. The formation of the new Advisory practice builds on Zurich’s recently launched Data
Risk Advisory Zurich Resilience Solutions Starts Data Center Practice Read More »
Federal immigration officers targeted a construction site in rural Louisiana where Meta Platforms Inc. is building its largest data center, leading to the arrest of two individuals, according to local law enforcement. US Immigrations and Customs Enforcement arrested two individuals who were driving dump trucks headed to Meta’s construction site in Richland Parish, Louisiana, the
Immigration Officers Descend on Meta Data Center, Arrest Drivers Read More »
Aon said it has expanded the capacity available in it Data Center Lifecycle Insurance Program from $1 billion to $2.5 billion. The expansion responds to accelerating global investment in cloud computing, artificial intelligence and digital infrastructure and increasing complexity of risks across the data center lifecycle, Aon said. The program is a multiline insurance solution
Aon Expands Data Center Lifecycle Insurance Program to $2.5B Read More »
Washington National Opera latest to leave Kennedy Center after Trump takeover
Washington National Opera latest to leave Kennedy Center after Trump takeover Read More »
Despite criticism that they were acting too fast, state utility regulators last week approved DTE Energy’s proposal to supply power for Michigan’s first hyperscale data center — while tacking on a host of conditions that aim to protect ratepayers from subsidizing the facility. The approval, made over shouts of disapproval from onlookers gathered in a
Michigan Regulators Approve State’s First Hyperscale Data Center Read More »
Data center operators are fixated on the “five nines” — an expectation that they’ll keep the infrastructure behind financial markets, e-commerce and artificial intelligence running 99.999% of the time. So as news rippled out last month that a CyrusOne facility in Aurora, Illinois, that handles trillions of dollars in trading volume each day went down
A 10-Hour Data Center Outage Is Testing the Ambitions of KKR, GIP Read More »
Oracle says Michigan data center project talks on track without Blue Owl
Oracle says Michigan data center project talks on track without Blue Owl Read More »
French insurer AXA SA said it’s exercising greater caution on the artificial intelligence build-out when backing financing for the sector, amid growing awareness of emerging risks in private markets. “We are convinced of the medium-term trend, but we want to avoid financing technological gambles,” AXA Group Chief Investment Officer Jean-Baptiste Tricot said in an interview
AXA Warns on Data Center ‘Gambles’ as Private Credit Risks Rise Read More »
Kennedy Center Honors fete performers, but Trump takes spotlight
Kennedy Center Honors fete performers, but Trump takes spotlight Read More »