E-commerce and trade

Adobe Firefly expands with new AI tools for audio and video creation

Adobe has unveiled major updates to its Firefly creative AI studio, introducing advanced audio, video, and imaging tools at the Adobe MAX 2025 conference.

These new features include Generate Soundtrack for licensed music creation, Generate Speech for lifelike multilingual voiceovers, and a timeline-based video editor that integrates seamlessly with Firefly’s existing creative tools.

The company also launched the Firefly Image Model 5, which can produce photorealistic 4MP images with prompt-based editing. Firefly now includes partner models from Google, OpenAI, ElevenLabs, Topaz Labs, and others, bringing the industry’s top AI capabilities into one unified workspace.

Adobe also announced Firefly Custom Models, allowing users to train AI models to match their personal creative style.

In a preview of future developments, Adobe showcased Project Moonlight, a conversational AI assistant that connects across creative apps and social channels to help creators move from concept to content in minutes.

A system that can offer tailored suggestions and automate parts of the creative process while keeping creators in complete control.

Adobe emphasised that Firefly is designed to enhance human creativity rather than replace it, offering responsible AI tools that respect intellectual property rights.

With such a release, the company continues integrating generative AI across its ecosystem to simplify production and empower creators at every stage of their workflow.

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OpenAI and Microsoft sign new $135 billion agreement to deepen AI partnership

Microsoft and OpenAI have signed a new agreement that marks the next phase of their long-standing partnership, deepening ties first formed in 2019.

The updated deal builds on years of collaboration in advancing responsible AI, positioning both organisations for long-term success while introducing new structural and operational changes.

Under the new arrangement, Microsoft supports OpenAI’s transition into a public benefit corporation (PBC) and recapitalisation. The technology giant now holds an investment valued at around $135 billion, representing about 27 percent of OpenAI Group PBC on an as-converted diluted basis.

Despite OpenAI’s recent funding rounds, Microsoft previously held a 32.5 percent stake in the for-profit entity.

The partnership maintains Microsoft’s exclusive rights to OpenAI’s frontier models and Azure API until artificial general intelligence (AGI) is achieved, but also introduces several new terms. Once AGI is declared, an independent panel will verify it.

Microsoft’s intellectual property rights are extended through 2032, including models developed after AGI with safety conditions. OpenAI may now co-develop certain products with third parties, while retaining the option to serve non-API products on any cloud provider.

OpenAI will purchase an additional $250 billion worth of Azure services, although Microsoft will no longer hold first-refusal rights for compute supply. The new framework allows both organisations to innovate independently, with Microsoft permitted to pursue AGI independently or with other partners.

The updated agreement reflects a more flexible collaboration that balances independence, growth, and shared innovation.

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UK retail investors can now access crypto ETNs

The FCA has lifted the ban on retail access to certain crypto exchange trade notes (cETNs), effective 8 October. UK consumers can now invest in cETNs listed on the Official List and traded on a Recognised Investment Exchange.

Firms offering cETNs must meet strict requirements. Products are categorised as Restricted Mass Market Investments (RMMIs), meaning financial promotions cannot include incentives, and firms must carry out appropriateness assessments, client categorisation, and risk disclosures.

Compliance with the Consumer Duty is also required, including acting in good faith, avoiding foreseeable harm, and ensuring products meet the needs of the target market.

The FCA emphasises that cETNs are complex products, and firms should have the correct permissions to offer them. Those seeking authorisation or new permissions can request pre-application support meetings.

The regulator is also advancing its crypto roadmap to integrate crypto assets more fully into its regulatory framework, with ongoing consultations on applying Handbook rules to crypto activities.

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IBM unveils Digital Asset Haven for secure institutional blockchain management

IBM has introduced Digital Asset Haven, a unified platform designed for banks, corporations, and governments to securely manage and scale their digital asset operations. The platform manages the full asset lifecycle from custody to settlement while maintaining compliance.

Built with Dfns, the platform combines IBM’s security framework with Dfns’ custody technology. The Dfns platform supports 15 million wallets for 250 clients, providing multi-party authorisation, policy governance, and access to over 40 blockchains.

IBM Digital Asset Haven includes tools for identity verification, crime prevention, yield generation, and developer-friendly APIs for extra services. Security features include Multi-Party Computation, HSM-based signing, and quantum-safe cryptography to ensure compliance and resilience.

According to IBM’s Tom McPherson, the platform gives clients ‘the opportunity to enter and expand into the digital asset space backed by IBM’s level of security and reliability.’ Dfns CEO Clarisse Hagège said the partnership builds infrastructure to scale digital assets from pilots to global use.

IBM plans to roll out Digital Asset Haven via SaaS and hybrid models in late 2025, with on-premises deployment expected in 2026.

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Anthropic boosts cloud capacity with Google’s AI hardware

Anthropic has struck a multibillion-dollar deal with Google to expand its use of cloud computing and specialised AI chips. The agreement includes the purchase of up to one million Tensor Processing Units, Google’s custom hardware built to train and run large AI models.

The partnership will provide Anthropic with more than a gigawatt of additional computing power by late 2026. Executives said the move will support soaring demand for its Claude model family, which already serves over 300,000 business clients.

Anthropic, founded by former OpenAI employees, has quickly become a major player in generative AI. Backed by Amazon and valued at $183 billion, the company recently launched Claude Sonnet 4.5, praised for its coding and reasoning abilities.

Google continues to invest heavily in AI hardware to compete with Nvidia’s GPUs and rival US tech giants. Analysts said Anthropic’s expansion signals intensifying demand for computing power as companies race to lead the global AI revolution.

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EU MiCA greenlight turns Blockchain.com’s Malta base into hub

Blockchain.com received a MiCA license from Malta’s Financial Services Authority, enabling passported crypto services across all 30 EEA countries under one EU framework. Leaders called it a step toward safer, consistent access.

Malta becomes the hub for scaling operations, citing regulatory clarity and cross-border support. Under the authorisation, teams will expand secure custody and wallets, enterprise treasury tools, and localised products for the EU consumers.

A unified license streamlines go-to-market and accelerates launches in priority jurisdictions. Institutions gain clearer expectations on safeguarding, disclosures, and governance, while retail users benefit from standardised protections and stronger redress.

Fiorentina D’Amore will lead the EU strategy with deep fintech experience. Plans include phased rollouts, supervisor engagement, and controls aligned to MiCA’s conduct and prudential requirements across key markets.

Since 2011, Blockchain.com says it has processed over one trillion dollars and serves more than 90 million wallets. Expansion under MiCA adds scalable infrastructure, robust custody, and clearer disclosures for users and institutions.

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NVIDIA boosts open-source robotics with new ROS 2 and Physical AI contributions

At the ROSCon conference in Singapore, NVIDIA unveiled significant open-source contributions to accelerate the future of robotics.

The company announced updates to the ROS 2 framework, new partnerships within the Open Source Robotics Alliance, and the latest release of NVIDIA Isaac ROS 4.0 (all designed to strengthen collaboration in robotics development).

NVIDIA’s involvement in the new Physical AI Special Interest Group aims to enhance real-time robot control and AI processing efficiency.

Its integration of GPU-aware abstractions into ROS 2 allows the framework to handle both CPUs and GPUs seamlessly, ensuring faster and more consistent performance for robotic systems.

Additionally, the company open-sourced Greenwave Monitor, which helps developers quickly identify and fix performance bottlenecks. NVIDIA Isaac ROS 4.0, now available on the Jetson Thor platform, provides GPU-accelerated AI models and libraries to power robot mobility and manipulation.

Global robotics leaders, including AgileX, Canonical, Intrinsic, and Robotec.ai, are already deploying NVIDIA’s open-source tools to enhance simulation, digital twins, and real-world testing.

NVIDIA’s initiatives reinforce its role as a core contributor to the open-source robotics ecosystem and the development of physical AI.

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US Department of Justice charges former L3Harris executive with selling trade secrets to Russian buyer

The US Department of Justice has accused a former executive at defense contractor L3Harris of stealing and selling trade secrets to a buyer in Russia.

According to court filings, Peter Williams, a 39-year-old Australian citizen and former general manager of L3Harris division Trenchant, allegedly sold eight trade secrets from two unnamed companies between April 2022 and August 2025, earning about $1.3 million.

Williams, known internally as ‘Doogie,’ led Trenchant, which develops hacking and surveillance tools for Western governments, including the United States. He joined the company in October 2024 and left in August 2025, according to U.K. business records.

The DOJ’s ‘criminal information’ document, which, similar to an indictment, represents a formal accusation, did not identify the companies involved or the Russian buyer. Prosecutors are seeking to recover assets they say Williams acquired through the sale of trade secrets.

The case is being prosecuted by the DOJ’s National Security Division under the Counterintelligence and Export Control Section. An arraignment and plea hearing is scheduled for October 29 in Washington, DC.

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Russia orders Apple to set Russian search engine by default

Russia’s federal anti-monopoly service has ordered Apple to preinstall a Russian-made search engine, such as Yandex or Mail.ru, by default on all devices sold in Russia and the Eurasian Economic Union. The regulator claims Apple’s current setup gives foreign providers unfair market advantages.

The letter from FAS director Maxim Shaskolsky said Apple’s practices breach consumer protection laws by denying users equal access to local services. Authorities argue that default settings favour non-Russian search engines and restrict fair competition within domestic markets.

Apple has until 31 October to comply or face potential fines and restrictions. Russia’s Ministry of Digital Affairs warned of serious consequences if the company ignores the directive. Officials noted that Google previously avoided penalties after offering users a search engine choice.

Apple’s relations with Moscow have been tense since 2024, when the firm removed VPN apps under government pressure. Digital rights groups described the move as a threat to privacy, and analysts see the latest demand as part of Russia’s push for greater online control.

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NVIDIA AI Day Sydney showcases Australia’s growing role in global AI innovation

Australia took centre stage in the global AI landscape last week as NVIDIA AI Day Sydney gathered over a thousand participants to explore the nation’s path toward sovereign AI.

The event, held at ICC Sydney Theatre, featured discussions on agentic and physical AI, robotics and AI factories, highlighting how the next generation of computing is driving transformation across sectors.

Industry leaders, including Commonwealth Bank of Australia, Canva and emerging startups, joined NVIDIA executives to discuss how advanced computing and AI are shaping innovation.

Brendan Hopper of the Commonwealth Bank praised NVIDIA’s role in expanding Australia’s AI ecosystem through infrastructure, partnerships and education.

Speakers such as Giuseppe Barca of QDX Technologies emphasised how AI, high-performance computing and quantum research are redefining scientific progress.

With over 600 NVIDIA Inception startups and more than 20 universities using NVIDIA technologies, Australia’s AI ecosystem is expanding rapidly. Partners like Firmus Technologies, ResetData and SHARON AI underscored how AI Day Sydney demonstrated the nation’s readiness to become a regional AI hub.

The event also hosted Australia’s first ‘Startup, VC and Partner Connect’, linking entrepreneurs, investors and government officials to accelerate collaboration.

Presentations from quantum and healthcare innovators, alongside hands-on NVIDIA Deep Learning Institute sessions, showcased real-world AI applications from generative design to medical transcription.

NVIDIA’s Sudarshan Ramachandran said Australia’s combination of high-performance computing heritage, visual effects expertise and emerging robotics sector positions it to lead in the AI era.

Through collaboration and infrastructure investment, he said, the country is building a thriving ecosystem that supports discovery, sustainability and economic growth.

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