Beazley and QBE are leading initiatives to cap losses associated with cyber insurance claims linked to artificial intelligence and the emerging threat of 'LLMjacking.' As the technology evolves rapidly, insurers are increasingly concerned about the potential financial implications of AI-related cyber incidents. The proposed measures aim to mitigate risks and protect the insurance sector from escalating claims as businesses adopt advanced AI solutions.
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Insurers Propose Limits on Cyber Payouts Amid Rising AI Threats
Financial Times Tech· Thursday, April 23, 2026
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VAST Data Secures $1 Billion in Funding, Triples Valuation to $30 Billion
VAST Data Inc., backed by Nvidia, has successfully raised $1 billion in funding, resulting in a tripling of its valuation to $30 billion. Founder Renen Hallak announced the milestone during the ai-Pulse conference held in Paris, France, on November 7, 2024. The conference brought together key figures in the fields of artificial intelligence and communication technologies, highlighting the growing interest and investment in AI-driven data solutions.