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AI & Enterprise
AI investment spurs growth in servers, PCs and memory, lifting enterprise hardware market
The spread of artificial intelligence is emerging as a new growth driver across the enterprise hardware market, as companies and cloud providers race to build AI infrastructure. Demand for AI servers is lifting results at major IT firms, while storage vendors and PC makers also benefit. Memory makers gain from surging needs for high-bandwidth memory used in AI servers. Concerns that AI would hurt software firms appear limited, as many reposition AI as a growth engine.
AI & Enterprise
More AI-written code raises verification burden; solution is to generate less and reuse
Generative AI is boosting software development productivity, but growing volumes of AI-written code can also raise review, fixing and maintenance costs, an analysis said. Deepak Anupal, co-founder and CTO of WaveMaker, argued the key is not how to inspect generated code but how to generate less. He proposed an “assembly model” that prioritises reusing verified components and libraries, reducing repeated checks and limiting new code to what is essential.
Crypto
Ethereum 1,003 recovered after 10 years as Hongcoin ICO investor refunds resume
Ethereum 1,003 locked for years in a 2016 Hongcoin (HONG) initial coin offering smart contract has been recovered, allowing investor refunds to resume. Cointelegraph reported that an anonymous whitehat, 0xflorent, worked with developers to restore access to funds worth about $2 million at current prices. The funds belong to 48 ICO participants. On-chain records show some refunds have begun, though it was unclear if all investors had been repaid.
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Crypto
Bitcoin rebound case eyes $78,000 amid weakness; can on-chain support hold
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Telecommunications & Media
iPhone 18 Pro colors may be overhauled as Apple draws attention with new strategy
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Finance
IBK Industrial Bank of Korea adopts AI system to detect misselling of investment products
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Games & Commerce
Kakao Games confirms title for new game 'World of Dokkaebi', pre-registration in July
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People & Appointments
KB Kookmin Bank maintains graves at Seoul national cemetery ahead of Patriots and Veterans Month
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AI & Enterprise
MSIT discusses quantum revolution cooperation vision at OECD headquarters
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Finance
Toss Insurance introduces system to handle black consumers, protect agents
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Finance
iM Bank marks two years as commercial bank with Samsung Lions sponsor day
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Crypto
Kross launches Mainnet 2.0, switches to PoSA and expands AI infrastructure
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Games & Commerce
Nvidia CEO Jensen Huang to visit Naver's 1784 during South Korea trip, June 8 likely
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Industry
Hanwha Aerospace Daejeon plant explosion raises death toll to 5
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Industry
Qualcomm supplies Snapdragon X2 for Samsung Galaxy Book6 Edge
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Crypto
Binance hints at new stock investment product, raising possibility of expanding tokenised securities
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Crypto
Fed and BoE officials split on stablecoins: boost competitiveness or fade within years
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Industry
Samsung Electronics tops auto memory market for first time, overtaking Micron