Data center heists are getting bolder, and the latest one hit Nvidia for $11.4 million

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The big picture: Data center equipment has become a favorite target for cargo thieves as the AI boom has supercharged construction of these facilities. With shipments of GPUs and other gear repeatedly going missing, new reports suggest thieves are becoming increasingly ambitious and sophisticated as the heists become more lucrative.

According to the Bay Area News Group, police suspect that sophisticated thieves stole $11.4 million worth of Nvidia equipment that was supposed to ship from Oakland to Fort Worth, Texas. No arrests have been announced so far.

A vehicle containing six pallets was picked up in Oakland on August 29 as planned, but no one realized the shipment was missing until early September. Police attempted to trace it but lost track of the vehicle in San Bernardino County after it made several multi-hour...

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