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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.

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.

AI & Enterprise

Red Hat upgrades Ansible Automation Platform, evolves into agentic AI operations layer

Red Hat said on June 1 it updated Red Hat Ansible Automation Platform to help enterprises operationalise AI agents. The company said it is building a trusted execution layer for IT operations in an agentic era, linking AI intelligence with real-world operations. Red Hat said version 2.7 and a new automation orchestrator in technical preview combine human oversight with intelligent insights to orchestrate complex AI workflows.