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Biden Signs CHIPS and Science Bill Into Law — President Joe Biden signed the CHIPS and Science Act of 2022 into law Tuesday morning, which will approve more than $200 billion over the next decade to fund domestic research and manufacturing of semiconductors to compete with Chinese production.

Data Center Capex Fueled by Hyperscalers in 2026 Forecast — Dell’Oro Group estimates that global data center capex will land at $377 billion by 2026, a figure led by the adoption of accelerated computing and new server CPU platforms.

In 2021 alone, the 10 largest cloud service providers spent more than $88 billion on capex. Dell’Oro estimates that hyperscale cloud service providers will account for more than half the market total by 2026.

“The hyperscale service providers will lead the market in investing in new accelerated computing technologies, with an emphasis on the cutting-edge server and network architectures, as well as enhanced thermal management solutions,” said Baron Fung, Research Director at Dell’Oro Group.

Edge computing will make up 8% of total data center spending by 2026, according to Dell’Oro.

“Lingering supply chain challenges, persistent inflationary pressures, and declining economic growth could weigh down on enterprise data center spending in the near term,” Fung said. “Despite these near-term uncertainties, our long-term outlook is optimistic, as enterprises undergo digital transformation initiatives, deploying new hybrid cloud workloads, and with the cloud service providers and telecom operators extending their infrastructure to the network edge.”

NetSPI Launches Two Open Source Tools — PowerHuntShares and PowerHunt were developed by NetSPI's Senior Director Scott Sutherland. The new tools target threat risks for the information security community.

PowerHuntShares addresses excessive share permissions that lead to data, privilege, and ransomware vulnerabilities. PowerHunt is a threat hunting framework, which identifies signs of compromise.

CEO Vince Kent said a key secure access service edge requirement for cloudIT is the ability for its clients to have legacy options. Read more.

A GlobalData survey found 41.4% of executives responded to either not knowing about blockchain’s substance or attributing it to puffery. Read more.

Kajeet is injecting Samsung’s CBRS RAN equipment into its 5G-based enterprise offering and becoming an authorized distributor. Read more.

Nearly 25% of respondents were unaware what their cybersecurity insurance covered — or if they even had insurance, Menlo Security found. Read more.

Lacework added an automated time series modeling to its existing anomaly detection capabilities and enhanced its alert system. Read more.