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War Game Reveals Insurers' Nightmare Scenario: Chinese Hackers Targeting US Water Infrastructure

A recent closed-door simulation organized by insurers explored what might happen if China-linked Volt Typhoon hackers targeted America's water supply infrastructure—and the results painted a troubling picture of cascading failures and systemic vulnerability. The Scenario The war game, known as "Volt Typhoon," put participants in

Nvidia Loses $1 Trillion in Market Value, Returning to Pre-AI Boom Valuation Levels

Nvidia has experienced a significant market correction, losing roughly $1 trillion in market capitalization. The decline marks a notable shift from the company's peak valuation during the AI boom, when demand for its GPU chips—essential for training and running AI models—surged dramatically. The pullback represents a

Technology News

SambaNova Raises $1B at $11B Valuation Amid AI Chip Race

SambaNova Systems has secured $1 billion in a Series F funding round, bringing its valuation to $11 billion, according to TechCrunch. The company, which designs AI-focused semiconductors and dataflow architecture, saw this raise come just five months after its previous large funding round. The timing is notable given recent industry

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HalluSquatting: How Attackers Exploit AI Tool Limitations for Mass Botnet Assembly

Security researchers have discovered a novel attack technique dubbed "HalluSquatting" that takes advantage of a fundamental limitation in large language models (LLMs): their inability to acknowledge when they don't know something. How the Attack Works The technique exploits AI tools' well-documented tendency to "hallucinate&

EU Commission Unveils Action Plan on Cybersecurity and Artificial Intelligence

The European Commission has introduced a new action plan focused on both cybersecurity and artificial intelligence. This initiative represents a coordinated approach by the EU to address challenges and opportunities in these two critical technology domains. The plan aims to strengthen the European Union's position in the rapidly

U.S. Lawmakers Launch Investigation into American Companies' Use of Chinese AI Models

U.S. Lawmakers Investigate Chinese AI Adoption U.S. lawmakers have launched an investigation into the increasing use of Chinese artificial intelligence models by American companies. The probe reflects mounting concerns in Washington about data security, intellectual property protection, and potential risks associated with reliance on foreign AI technology. Key

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Tech Week: Major Breaches, AI Arms Race, and Record Lawsuits

Major Data Breaches Expose Critical Vulnerabilities 2026 has seen a wave of significant cybersecurity incidents, including a massive DOGE data breach, attacks on critical energy and water infrastructure, and a breach of an FBI surveillance system. Read more: Hacked, leaked, and held for ransom: The worst breaches of 2026 so