Cyber insurance payouts triple as hackers target UK firms
Industry warns of rising threats and underinsured businesses
British insurers shelled out at least £197 million in cyber claims during 2024, more than triple the £60 million paid the year before, according to fresh data showing how cyber gangs have stepped up attacks on UK companies.
AI takes control of $35 billion Korean data centre
Project Concord aims to make humans redundant in server farms
A group of investors in South Korea claims it is building the world’s first large-scale data centre designed, constructed and operated entirely by AI.
CoreWeave’s AI gold rush stalls
Delays bite despite a flood of new deals.
CoreWeave, one of the biggest outfits flogging cloud computing to AI outfits, saw its revenue more than double in the third quarter as it cosied up to some of the biggest beasts in the AI jungle.
Nvidia shoves Rubin into production with HBM4 in hand
Vera Rubin superchip sprints from keynote glare to TSMC’s lines
Nvidia is racing its Rubin GPUs into production, turning the Vera Rubin superchip from stage prop into silicon while the ink on the slides is still drying.
Hackers bypass Windows defences by installing Linux
Windows lets Linux virtual machines do what they like
Russian hackers have figured out how to bypass Windows security by running their malware on Linux inside Microsoft’s own Hyper-V virtualisation.