Prysmian highlights cable security as AI debt fears grow - 15 October 2026

As of October 15, today’s news sees developments in technology and energy, particularly focusing on Prysmian's advancements in cable monitoring and ongoing concerns in the AI sector. Cable monitoring systems can detect faults and identify warning signs of potential attacks on critical infrastructure. This was explained by Roberto Candela, CEO of Eoss, Prysmian’s centre of excellence based in Palermo, speaking at the Green & Net Zero Talk organised by RCS Academy. “Prysmian is the only Italian company to have DAS and DTS monitoring systems for submarine cables used in both power transmission and telecommunications,” he said. “Today, Prysmian cables are sold with monitoring systems that allow customers to check in real time whether their onshore and submarine cables are functioning properly,” Candela added. Turning to market updates, concerns over AI-related credit defaults have emerged, pushing the cost of insuring against defaults in the tech sector to record highs. This anxiety is fueled by hotter-than-expected inflation data in the US and rising interest rate expectations, which are prompting investors to hedge against potential risks, particularly in heavily indebted companies like CoreWeave and Oracle. Notably, the risk of debt stress in the AI sector is causing significant market fluctuations, with credit default swaps climbing markedly for these firms. In global scenarios, the European Union has convened a summit to address the surging energy prices amidst ongoing economic challenges. Leaders are grappling with budgetary concerns and the need to curb detrimental trade practices, particularly from China, which have sparked fears of job losses across Europe. Discussions are ongoing, reflecting diverging interests among member states - a factor that could complicate decision-making as upcoming elections loom in several countries. Elsewhere, disruptions in Ukraine’s military engagements reflect a decisively active conflict, with Ukraine conducting a strike against a Russian oil refinery after President Zelenskiy dismissed prior ceasefire efforts related to energy infrastructure. This action underscores the fraught relationship between the nations amid shifting military strategies.