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PwC projects that the global investment in AI infrastructure will reach $31.6 trillion by 2050

Building the world’s AI infrastructure will cost $31.6 trillion between now and 2050, according to modelling commissioned by PwC from Oxford Economics across 46 countries. Annual capital expenditure is projected to rise from $800bn this year to $1.8tn by 2050. The United States accounts for $15.1tn of that spending, or 48%; next in line is […]

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Dropbox says 5,000 accounts were breached through a Lenovo login

Somebody registered a Lenovo ID using a stranger’s email address and then used it to sign into that person’s Dropbox account without needing their password. About 5,000 accounts were compromised between August 4 and 21, Dropbox said. The flaw was in a legacy integration between Lenovo ID and Dropbox that did not properly verify email […]

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