Amazon has introduced Lens Live, an AI-powered feature that lets shoppers identify and buy products by pointing their phone camera at real-world items.
The tool builds on Amazon Lens by adding a live, real-time element to product discovery.
Lens Live is integrated with Amazon’s AI assistant Rufus, which provides AI-generated product summaries, suggested questions and insights to help users make informed decisions.
It is powered by Amazon SageMaker and AWS-managed OpenSearch, enabling machine learning at scale.
The feature has launched on the Amazon Shopping app for iOS, initially available to tens of millions of US shoppers, with no word yet on an international rollout.
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Taiwan’s new Digital Minister Lin Yi-ching has unveiled his policy agenda, putting AI development, cybersecurity and anti-fraud at the forefront.
He pledged to build on the work of his predecessor while accelerating digital government projects.
Lin said the government will support the AI industry through five key tools: computing power, data, talent, marketing and funding.
Taiwan startups will gain free GPU access, revised regulations will release non-sensitive public data, and a sovereign AI corpus will be developed.
Cybersecurity and fraud prevention are also central. Measures include DNS blocking, government SMS codes, and partnerships with platforms like Google and Line to curb scams. Lin reaffirmed the government’s commitment to the digital certificate wallet.
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Bank of China’s Hong Kong-listed shares jumped 6.7% on Monday after reports that the bank’s local branch is preparing to apply for a stablecoin issuer licence. The Hong Kong Economic Journal said the branch has already formed a task force to explore potential issuance.
The move comes after Hong Kong launched its stablecoin licensing regime on 1 August, requiring approval from the Hong Kong Monetary Authority. The framework sets strict rules on reserves, redemptions, fund segregation, anti-money laundering, disclosure and operator checks.
The regime has already drawn interest from major institutions such as Standard Chartered.
Chinese firms JD.com and Ant Financial have also expressed plans to seek licences abroad, potentially in Hong Kong, to support cross-border payments.
Advocates highlight the efficiency of stablecoins, noting that blockchain technology reduces settlement times and cuts intermediary costs. The benefits are particularly pronounced in emerging markets, where stablecoins hedge against currency volatility.
Regulators, however, have urged caution. The SFC and HKMA warned investors about speculation-driven price swings from licensing rumours, highlighting risks of reacting to unverified reports.
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The ruling, from US District Court Judge Amit P. Mehta, bars Google from entering or maintaining exclusive deals that tie the distribution of its search products, such as Search, Chrome, and Gemini, to other apps or revenue agreements.
The tech giant will also have to share specific search data with rivals and offer search and search ad syndication services to competitors at standard rates.
The ruling comes a year after Judge Mehta found that Google had illegally maintained its monopoly in online search. The Department of Justice brought the case and pushed for stronger measures, including forcing Google to sell off its Chrome browser and Android operating system.
It also sought to end Google’s lucrative agreements with companies like Apple and Samsung, in which it pays billions to be the default search engine on their devices. The judge acknowledged during the trial that these default placements were ‘extremely valuable real estate’ that effectively locked out rivals.
A final judgement has not yet been issued, as Judge Mehta has given Google and the Department of Justice until 10 September to submit a revised plan. A technical committee will be established to help enforce the judgement, which will go into effect 60 days after entry and last for six years.
Experts say the ruling may influence a separate antitrust trial against Google’s advertising technology business, and that the search case itself is likely to face a lengthy appeals process, stretching into 2028.
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According to Bloomberg, OpenAI is weighing partnerships in India to build a data centre of at least 1 gigawatt capacity as part of its Stargate project. Such a facility would represent one of Asia’s most significant AI infrastructure investments.
The company recently registered as a legal entity in India and is recruiting a local team. It also announced plans in August to open its first office in New Delhi later this year, highlighting the importance of India’s second-largest market by user base.
The prospective data centre is linked to Stargate, a private-sector AI investment programme valued at up to $500 billion and backed by SoftBank, OpenAI and Oracle. The project was first introduced in January by US President Donald Trump.
Details on the timing and location of the Indian facility remain unclear. Reports suggest that OpenAI chief executive Sam Altman could provide further information during a visit to India in September.
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The US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have announced a joint effort to clarify spot cryptocurrency trading. Regulators confirmed that US and foreign exchanges can list spot crypto products- leveraged and margin ones.
The guidance follows the President’s Working Group on Digital Asset Markets recommendations, which called for rules that keep blockchain innovation within the country.
Regulators said they are ready to review filings, address custody and clearing, and ensure spot markets meet transparency and investor protection standards.
Under the new approach, major venues such as the New York Stock Exchange, Nasdaq, CME Group and Cboe Global Markets could seek to list spot crypto assets. Foreign boards of trade recognised by the CFTC may also be eligible.
The move highlights a policy shift under President Donald Trump’s administration, with Congress and the White House pressing for greater regulatory clarity.
In July, the House of Representatives passed the CLARITY Act, a bill on crypto market structure now before the Senate. The moves and the regulators’ statement mark a key step in aligning US digital assets with established financial rules.
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A top European regulator has warned that tokenised stocks could mislead investors and undermine confidence in financial markets. Natasha Cazenave of ESMA said many tokenised stocks, like voting or dividends, lack shareholder rights.
Unlike traditional equities, tokenised stocks are typically issued through intermediaries and merely track share prices. Cazenave cautioned that retail investors may wrongly believe they own company shares, exposing them to a risk of misunderstanding.
Her warning follows the expansion of tokenised stock services on platforms like Robinhood and Kraken.
The World Federation of Exchanges recently echoed these concerns, urging regulators to strengthen oversight. Without intervention, the group warned that tokenised products could threaten market integrity and heighten investor risks.
Although advocates say tokenisation could cut costs and widen access, Cazenave noted most projects remain small, illiquid, and far from delivering promised efficiency. Regulators, she added, remain focused on balancing innovation with investor protection.
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Alibaba’s Hong Kong shares rose over 15%, their most significant single-day gain since early 2023, following strong AI revenue growth. AI-related sales surged triple digits, and the cloud division grew 26% to 33.4 billion yuan ($4.7 billion), exceeding expectations and driving expansion.
The results underline Alibaba’s transformation from a retail-heavy company into a diversified technology player. Analysts say AI is now a central growth driver, with cloud and AI offerings boosting investor confidence despite price war pressures from JD.com and Meituan.
Alibaba is investing in AI hardware and developing proprietary chips to reduce reliance on foreign semiconductors. The strategy aims to build faster, cheaper, and more secure AI systems for domestic and international markets, including Lazada and AliExpress.
Experts view this calculated self-reliance and strong cloud and AI services as a long-term growth driver.
While retail rivals continue to struggle with profit pressure, Alibaba’s leadership has emphasised AI as a core strategic focus.
CEO Eddie Wu emphasised ambitions in artificial general intelligence, with analysts noting AI could protect Alibaba from price wars and support growth across multiple business areas.
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OpenAI is preparing to build a significant new data centre in India as part of its Stargate AI infrastructure initiative. The move will expand the company’s presence in Asia and strengthen its operations in its second-largest market by user base.
OpenAI has already registered as a legal entity in India and begun assembling a local team.
The company plans to open its first office in New Delhi later this year. Details regarding the exact location and timeline of the proposed data centre remain unclear, though CEO Sam Altman may provide further information during his upcoming visit to India.
The project represents a strategic step to support the company’s growing regional AI ambitions.
OpenAI’s Stargate initiative, announced by US President Donald Trump in January, involves private sector investment of up to $500 billion for AI infrastructure, backed by SoftBank, OpenAI, and Oracle.
The initiative seeks to develop large-scale AI capabilities across major markets worldwide, with the India data centre potentially playing a key role in the efforts.
The expansion highlights OpenAI’s focus on scaling its AI infrastructure while meeting regional demand. The company intends to strengthen operational efficiency, improve service reliability, and support its long-term growth in Asia by establishing local offices and a significant data centre.
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Indonesia will deploy an AI-driven maritime surveillance network to combat piracy and other illegal activities across its vast waters.
The Indonesian Sea and Coast Guard Unit has signed a 10-year agreement with UK-based SRT Marine Systems for its SRT-MDA platform. The system, to be known locally as the National Maritime Security System, will integrate terrestrial, mobile and satellite surveillance with AI-powered analytics.
Fifty command posts will be digitised under the plan, enabling authorities to detect, track and predict activities from piracy to environmental violations. The deal, valued at €157.9m and backed by UK Export Finance, has been strongly supported by both governments.
Piracy remains a pressing issue in Indonesian waters, particularly in the Singapore Strait, where opportunistic thefts against slow-moving ships quadrupled in the first half of 2025 compared with last year. Analysts warn that weak deterrence and economic hardship are fuelling the rise in incidents.
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