E-commerce and trade

Foxconn and OpenAI strengthen US AI manufacturing

OpenAI has formed a new partnership with Foxconn to prepare US manufacturing for a fresh generation of AI infrastructure hardware.

The agreement centres on design support and early evaluation instead of immediate purchase commitments, which gives OpenAI a path to influence development while Foxconn builds readiness inside American facilities.

Both companies expect rapid advances in AI capability to demand a new class of physical infrastructure. They plan to co-design several generations of data centre racks that can keep pace with model development instead of relying on slower single-cycle upgrades.

OpenAI will share insight into future hardware needs while Foxconn provides engineering knowledge and large-scale manufacturing capacity across the US.

A key aim is to strengthen domestic supply chains by improving rack architecture, widening access to domestic chip suppliers and expanding local testing and assembly. Foxconn intends to produce essential data centre components in the US, including cabling, networking, cooling and power systems.

The companies present such an effort as a way to support faster deployment, create more resilient infrastructure and bring economic benefits to American workers.

OpenAI frames the partnership as part of a broader push to ensure that critical AI infrastructure is built within the US instead of abroad. Company leaders argue that a robust domestic supply chain will support American leadership in AI and keep the benefits widely shared across the economy.

Would you like to learn more about AI, tech and digital diplomacy? If so, ask our Diplo chatbot!

DPDP law takes effect as India tightens AI-era data protections

India has activated new Digital Personal Data Protection rules that sharply restrict how technology firms collect and use personal information. The framework limits data gathering to what is necessary for a declared purpose and requires clear explanations, opt-outs, and breach notifications for Indian users.

The rules apply across digital platforms, from social media and e-commerce to banks and public services. Companies must obtain parental consent for individuals under 18 and are prohibited from using children’s data for targeted advertising. Firms have 18 months to comply with the new safeguards.

Users can request access to their data, ask why it was collected, and demand corrections or updates. They may withdraw consent at any time and, in some cases, request deletion. Companies must respond within 90 days, and individuals can appoint someone to exercise these rights.

Civil society groups welcomed stronger user rights but warned that the rules may also expand state access to personal data. The Internet Freedom Foundation criticised limited oversight and said the provisions risk entrenching government control, reducing transparency for citizens.

India is preparing further digital regulations, including new requirements for AI and social media firms. With nearly a billion online users, the government has urged platforms to label AI-generated content amid rising concerns about deepfakes, online misinformation, and election integrity.

Would you like to learn more about AI, tech, and digital diplomacy? If so, ask our Diplo chatbot!

Target expands OpenAI partnership with new ChatGPT shopping app

Target is expanding its partnership with OpenAI by launching a new shopping app directly inside ChatGPT. The app offers customers personalised recommendations, multi-item baskets and streamlined checkout across Drive Up, Order Pickup and shipping.

The retailer will continue using OpenAI’s models and ChatGPT Enterprise to enhance employee productivity and strengthen digital experiences across its business.

AI is central to Target’s operations, supporting supply-chain forecasts, store processes, and personalised digital tools. Over 18,000 employees utilise ChatGPT Enterprise to streamline routine tasks, enhance creativity, and receive faster support for guest requests and returns through internal AI assistants.

Customer-facing tools such as Shopping Assistant, Gift Finder, Guest Assist and JOY reinforce this strategy by offering curated suggestions and instant answers.

The new Target app inside ChatGPT extends this AI-driven approach to customers. Shoppers will be able to ask for ideas, browse curated suggestions, build baskets and check out through their Target accounts.

The beta version launches next week, and upcoming features include Target Circle linking and same-day delivery. Target views the partnership as part of a retail shift, embedding AI across products, operations and guest interactions to drive the next wave of innovation.

Would you like to learn more about AI, tech and digital diplomacy? If so, ask our Diplo chatbot!

UAE and China deepen ties with mBridge launch

Sheikh Mansour bin Zayed has overseen a digital currency payment between the UAE and China. The transfer used the ‘mBridge’ central bank digital currency platform to settle funds directly. Officials say the move marks the formal launch of ‘mBridge’ for cross-border payments.

Ceremonies in Abu Dhabi also launched the first ‘Jaywan-UnionPay’ multi-scheme prepaid card. The product links Jaywan’s domestic network with UnionPay’s global acceptance in more than 180 countries.

Transactions inside the UAE are processed locally, while overseas spending routes through UnionPay’s international infrastructure. Officials say the projects highlight partnerships between the UAE and China and strengthen the Emirates’ role in digital finance.

Sheikh Mansour and Pan Gongsheng also signed a memorandum on future cross-border payment cooperation. Further expansion of the ‘mBridge‘ network and domestic Digital Dirham pilots is planned from 2026.

Would you like to learn more about AI, tech and digital diplomacy? If so, ask our Diplo chatbot! 

EU simplifies digital rules to save billions for companies

The European Commission has unveiled a digital package designed to simplify rules and reduce administrative burdens, allowing businesses to focus on innovation rather than compliance.

An initiative that combines the Digital Omnibus, Data Union Strategy, and European Business Wallet to strengthen competitiveness across the EU while maintaining high standards of fundamental rights, data protection, and safety.

The Digital Omnibus streamlines rules on AI, cybersecurity, and data. Amendments will create innovation-friendly AI regulations, simplify reporting for cybersecurity incidents, harmonise aspects of the GDPR, and modernise cookie rules.

Improved access to data and regulatory guidance will support businesses, particularly SMEs, allowing them to develop AI solutions and scale operations across member states more efficiently.

The Data Union Strategy aims to unlock high-quality data for AI, strengthen Europe’s data sovereignty, and support businesses with legal guidance and strategic measures to ensure fair treatment of the EU data abroad.

Meanwhile, the European Business Wallet will provide a unified digital identity for companies, enabling secure signing, storage, and exchange of documents and communication with public authorities across 27 member states.

By easing administrative procedures, the package could save up to €5 billion by 2029, with the Business Wallet alone offering up to €150 billion in annual savings.

The Commission has launched a public consultation, the Digital Fitness Check, to assess the impact of these rules and guide future steps, ensuring that businesses can grow and innovate instead of being held back by complex regulations.

Would you like to learn more about AI, tech and digital diplomacy? If so, ask our Diplo chatbot!

EU introduces plan to strengthen consumer protection

The European Commission has unveiled the 2030 Consumer Agenda, a strategic plan to reinforce protection, trust, and competitiveness across the EU.

With 450 million consumers contributing over half of the Union’s GDP, the agenda aims to simplify administrative processes for businesses, rather than adding new burdens, while ensuring fair treatment for shoppers.

The agenda sets four priorities to adapt to rising living costs, evolving online markets, and the surge in e-commerce. Completing the Single Market will remove cross-border barriers, enhance travel and financial services, and evaluate the effectiveness of the Geo-Blocking Regulation.

A planned Digital Fairness Act will address harmful online practices, focusing on protecting children and strengthening consumer rights.

Sustainable consumption takes a central focus, with efforts to combat greenwashing, expand access to sustainable goods, and support circular initiatives such as second-hand markets and repairable products.

The Commission will also enhance enforcement to tackle unsafe or non-compliant products, particularly from third countries, ensuring that compliant businesses are shielded from unfair competition.

Implementation will be overseen through the Annual Consumer Summit and regular Ministerial Forums, which will provide political guidance and monitor progress.

The 2030 Consumer Agenda builds on prior achievements and EU consultations, aiming to modernise consumer protection instead of leaving gaps in a rapidly changing market.

Would you like to learn more about AI, tech and digital diplomacy? If so, ask our Diplo chatbot!

Young wealthy investors push advisers towards broader crypto access

A rising number of young, high-earning Americans are moving away from wealth advisers who fail to offer crypto access, signalling a sharp generational divide in portfolio expectations.

New survey results from Zerohash show that 35 percent of affluent investors aged 18 to 40 have already redirected funds to advisers who support digital-asset allocations, often shifting between $250,000 and $1 million.

Confidence in crypto has strengthened as major financial institutions accelerate adoption. Zerohash reported that more than four-fifths of surveyed investors feel more assured in the asset class thanks to involvement from BlackRock, Fidelity and Morgan Stanley.

Wealthier respondents proved the least patient. Half of those earning above $500,000 said they had already replaced advisers who lack crypto exposure, and 84 percent plan to expand their holdings over the coming year.

Demand now extends well beyond Bitcoin and Ethereum. Ninety-two percent want access to a wider range of digital assets, mirroring expanding interest in altcoin-based ETFs and staking products.

Asset managers are responding quickly, with 21Shares launching its Solana ETF in the US and BlackRock preparing a staked Ether product. The Solana category alone has attracted more than $420 million in inflows, underscoring the rising appetite for institutional-grade exposure.

Would you like to learn more about AI, tech and digital diplomacy? If so, ask our Diplo chatbot!

Meta wins antitrust case over monopoly claims

Meta has defeated a major antitrust challenge after a US federal judge ruled it does not currently hold monopoly power in social networking. The decision spares the company from being forced to separate Instagram and WhatsApp, which regulators had argued were acquired to suppress competition.

The judge found the Federal Trade Commission failed to prove Meta maintains present-day dominance, noting that the market has been reshaped by rivals such as TikTok. Meta argued it now faces intense competition across mobile platforms as user behaviour shifts rapidly.

FTC lawyers revisited internal emails linked to Meta’s past acquisitions, but the ruling emphasised that the case required proof of ongoing violations.

Analysts say the outcome contrasts sharply with recent decisions against Google in search and advertising, signalling mixed fortunes for large tech firms.

Industry observers note that Meta still faces substantial regulatory pressure, including upcoming US trials regarding children’s mental health and questions about its heavy investment in AI.

The company welcomed the ruling and stated that it intends to continue developing products within a competitive market framework.

Would you like to learn more about AI, tech and digital diplomacy? If so, ask our Diplo chatbot! 

NVIDIA pushes forward with AI-ready data

Enterprises are facing growing pressure to prepare unstructured data for use in modern AI systems as organisations struggle to turn prototypes into production tools.

Around forty percent of AI projects advance beyond the pilot phase, largely due to limits in data quality and availability. Most organisational information now comes in unstructured form, ranging from emails to video files, which offers little coherence and places a heavy load on governance systems.

AI agents need secure, recent and reliable data instead of fragmented information scattered across multiple storage silos. Preparing such data demands extensive curation, metadata work, semantic chunking and the creation of vector embeddings.

Enterprises also struggle with the rising speed of data creation and the spread of duplicate copies, which increases both operational cost and security concerns.

An emerging approach by NVIDIA, known as the AI data platform, aims to address these challenges by embedding GPU acceleration directly into the data path. The platform prepares and indexes information in place, allowing enterprises to reduce data drift, strengthen governance and avoid unnecessary replication.

Any change to a source document is immediately reflected in the associated AI representations, improving accuracy and consistency for business applications.

NVIDIA is positioning its own AI Data Platform reference design as a next step for enterprise storage. The design combines RTX PRO 6000 Blackwell Server Edition GPUs, BlueField three DPUs and integrated AI processing pipelines.

Leading technology providers including Cisco, Dell Technologies, IBM, HPE, NetApp, Pure Storage and others have adopted the model as they prepare storage systems for broader use of generative AI in the enterprise sector.

Would you like to learn more about AI, tech and digital diplomacy? If so, ask our Diplo chatbot!

OpenAI and Intuit expand financial AI collaboration

Yesterday, OpenAI and Intuit announced a major strategic partnership aimed at reshaping how people manage their personal and business finances. The arrangement will allow Intuit apps to appear directly inside ChatGPT, enabling secure and personalised financial actions within a single environment.

An agreement that is worth more than one hundred million dollars and reinforces Intuit’s long-term push to strengthen its AI-driven expert platform.

Intuit will broaden its use of OpenAI’s most advanced models to support financial tasks across its products. Frontier models will help power AI agents that assist with tax preparation, cash flow forecasting, payroll management and wider financial planning.

Intuit will also continue using ChatGPT Enterprise internally so employees can work with greater speed and accuracy.

The partnership is expected to help consumers make more informed financial choices instead of relying on fragmented tools. Users will be able to explore suitable credit offers, receive clearer tax answers, estimate refunds and connect with tax specialists.

Businesses will gain tailored insights based on real time data that can improve cash flow, automate customer follow ups and support more effective outreach through email marketing.

Leaders from both companies argue that the collaboration will give people and firms a meaningful financial advantage. They say greater personalisation, deeper data analysis and more effortless decision making will support stronger household finances and more resilient small enterprises.

The deal expands the growing community of OpenAI enterprise customers and strengthens Intuit’s position in global financial technology.

Would you like to learn more about AI, tech and digital diplomacy? If so, ask our Diplo chatbot!