In short: Oracle closed a $16.3 billion financing for a single data centre campus in Saline Township, Michigan, the largest single-facility technology debt package ever assembled. PIMCO anchored roughly $10 billion of the bond tranche because US banks retreated from the deal, citing doubts about AI infrastructure demand sustainability. The financing is part of $72 […]
Summary: Genetic, medical, and lifestyle data from all 500,000 UK Biobank volunteers was listed for sale on Alibaba after three Chinese research institutions with legitimate access violated their data-sharing agreements. The data was de-identified but includes genome sequences, hospital diagnoses, and biological measures that experts say can be re-identified. Alibaba removed the listings before any […]
TCV led the Series B one year ago and now doubles down on the Series C. Insight Partners also returns. The thesis: AI coding agents are generating software so fast and at such volume that human code review is no longer sufficient, and enterprise artifact management must function as the primary control and security layer. […]
The breach exposed names, addresses, email addresses, phone numbers, dates of birth, and bank account details. No passwords or identity documents were accessed. The Dutch Data Protection Authority has been notified. Basic-Fit operates over 1,300 clubs across seven European countries. Basic-Fit, Europe’s largest budget fitness chain by club count, has disclosed a data breach affecting […]
Data quality has always been an afterthought. Teams spend months instrumenting a feature, building pipelines, and standing up dashboards, and only when a stakeholder flags a suspicious number does anyone ask whether the underlying data is actually correct. By that point, the cost of fixing it has multiplied several times over. This is not a […]
In short: The Trump administration’s FY2027 budget proposes cutting $707 million from CISA, eliminating the agency’s election security programme entirely and shedding 860 positions, a dramatic escalation that would reduce the country’s primary civilian cybersecurity agency to a $2 billion operation after a year already defined by DOGE-driven layoffs and mass departures. The United States’ central […]
In short: Paladin EnviroTech has acquired ICT, Ireland’s first R2v3-certified ITAD provider, completing a $70 million, nine-month acquisition spree that now spans the U.S., Netherlands, and Ireland, positioning the company to handle the growing wave of hardware disposal from Dublin’s hyperscale data centre cluster. When the servers that power Europe’s cloud infrastructure reach the end of […]
In short: Australian AI data centre company Firmus has raised $505m at a $5.5bn valuation in what it says is its final pre-IPO round, and is now targeting a $2bn listing on the ASX in June or July, backed by a $10bn Blackstone-led debt facility secured in February and a plan to deploy 1.6 gigawatts of […]
In short: Meta has suspended its collaboration with Mercor, a $10 billion AI data startup, after a supply chain attack exposed what may be the AI industry’s most closely guarded secrets: not just personal data, but the training methodologies that power the world’s leading large language models. The breach, carried out via a poisoned version of […]
WhatsApp has notified approximately 200 users, primarily in Italy, that they were tricked into installing a counterfeit version of the messaging app that was actually government spyware. The fake application was built by SIO, an Italian surveillance technology company that develops spyware for law enforcement and intelligence agencies through its subsidiary ASIGINT. WhatsApp said it […]
