Endex.ai has secured $14 million in funding to bring AI directly into Microsoft Excel. The funding round was led by the OpenAI Startup Fund, marking a significant moment for traditional tools in the business world.
Founded in 2022 by Tarun Amasa and Kevin Yang, the startup has spent the past year collaborating quietly with financial institutions to refine its product.
Now available to the public through limited invites, the tool embeds itself within Excel and helps users manage tasks like financial modelling, data cleanup, and detailed analysis (without switching applications).
Unlike broader AI tools, Endex has been designed specifically for finance professionals. It understands financial terminology, adapts to user habits, and references trusted data sources such as SEC filings, CapIQ, and earnings reports.
The company describes its product as Excel-native, aiming to enhance rather than replace a tool already deeply integrated into finance work.
With the new funding, Endex plans to expand development and scale its reach. The AI agent already works on both Mac and Windows, and its frictionless interface is proving attractive in a field where saving time and improving accuracy can make a substantial difference.
Would you like to learn more aboutAI, tech and digital diplomacy? If so, ask our Diplo chatbot!
NVIDIA has publicly rejected calls to embed kill switches or backdoors in its AI chips amid growing political pressure. The statement follows proposals from US lawmakers and accusations by Chinese authorities.
Chief Security Officer David Reber Jr. said any such backdoor would endanger global digital infrastructure and open doors for hackers. He reaffirmed NVIDIA’s commitment to fixing vulnerabilities, not creating them.
The controversy arises as the chipmaker navigates strict US export controls while maintaining its foothold in China with the H20 chip. A Chinese agency recently claimed these chips already contain hidden controls.
Reber distinguished transparent, user-controlled tools like remote wipe from covert backdoors, arguing they serve customers without risking the system integrity of the chips.
Would you like to learn more about AI, tech and digital diplomacy? If so, ask our Diplo chatbot!
Apple is increasing its domestic investment by an additional $100 billion, bringing its total commitment to US manufacturing to $600 billion over the next four years.
The announcement was made by CEO Tim Cook during a joint appearance with President Donald Trump at the White House, as the administration signals plans to impose steep tariffs on foreign-made semiconductors.
The investment includes a new American Manufacturing Program aimed at expanding US production of key Apple components, such as AI servers and rare earth magnets. Facilities are already under development in states including Texas, Kentucky, and Arizona.
Apple says the initiative will support 450,000 jobs across all 50 states and reduce reliance on overseas supply chains.
Apple’s expanded spending arrives amid criticism of its slow progress in AI. With its ‘Apple Intelligence’ software struggling for traction, and the recent departure of foundation model head Rouming Pang to Meta, the company is now shifting focus.
Cook confirmed that investment in AI infrastructure is accelerating, with data centres expanding in five states.
While Apple’s move has drawn praise for supporting American jobs, it has also stirred controversy. Some users expressed discontent with Cook’s public alignment with Trump, despite the strategic importance of avoiding tariffs.
Trump stated that companies investing in the US would not face the proposed import charges.
Would you like to learn more aboutAI, tech and digital diplomacy? If so, ask our Diplo chatbot!
South Korea’s Trade Minister said Samsung and SK Hynix will avoid the 100% US tariffs on semiconductor imports. The exemption follows both companies’ significant investments in US chip manufacturing facilities.
Trump had warned that countries failing to produce semiconductors domestically would incur steep tariffs but offered relief for those building factories in the US.
Samsung operates two chip fabrication plants in Texas, supported by the CHIPS and Science Act. Meanwhile, SK Hynix is building a packaging plant in Indiana with government grants and loans.
Samsung’s partnership with Apple will see chips manufactured at its Texas facility supply the iPhone line, particularly image sensors for next-generation models. Analysts expect this collaboration to boost Samsung’s semiconductor sales.
Apple also announced plans to invest an additional $100 billion in US operations over the next four years, highlighting the growing importance of domestic chip production.
Would you like to learn more about AI, tech and digital diplomacy? If so, ask our Diplo chatbot!
GitHub has prematurely unveiled OpenAI’s next-generation GPT-5 models in a blog post that was swiftly deleted. The post briefly revealed that GPT-5 will be released in four variants, promising significant upgrades in reasoning ability, coding performance, and user experience.
Archived versions of the removed announcement show that GPT-5 features improved agentic capabilities and can complete complex coding tasks with minimal input.
The four model versions include a full-strength GPT-5 for logic and multi-step operations, a lightweight mini version for cost-efficient usage, a nano version optimised for speed and low latency, and a chat-focused variant built for advanced, multimodal enterprise interactions.
Reddit users first spotted the post, including comparisons between GPT-5 and competing models such as Llama 4 Scout and Cohere v2.
The accidental release aligns with growing anticipation after OpenAI insiders hinted at a major release earlier in the week, with CEO Sam Altman teasing the update just days before.
OpenAI is expected to launch GPT-5 later today, officially during a live-streamed event. The company has also introduced two new open-weight GPT-OSS models, including one that can run locally on personal devices.
Would you like to learn more aboutAI, tech and digital diplomacy? If so, ask our Diplo chatbot!
The use of AI for travel planning has surged in the UAE, with six in ten travellers reporting they use AI to manage flights, hotels, itineraries, and dining. Tourism Economics and ATM data show that the UAE’s adoption rate significantly exceeds the global average.
Despite the technological appeal, travel professionals stress the importance of human contact. Automated agents may optimise logistics, but UAE customers continue to value emotionally intelligent service, especially for complex or premium experiences.
As Al Rais Travel puts it, a hybrid approach, where AI performs background analysis and humans provide real connection, is ideal.
Industry dialogue at ATM 2025 underscored trust as key: AI can generate draft itineraries and administrative support, but travellers still rely on agents to uncover hidden gems, accommodate cultural preferences, and fine-tune experiences.
Experts such as Naomi Ekberg argue that in the UAE’s cosmopolitan market, AI should free up staff to deliver memorable human moments rather than replace them.
Would you like to learn more about AI, tech and digital diplomacy? If so, ask our Diplo chatbot!
The crackdown follows the discovery that organised criminal groups are operating scam centres across Southeast Asia, hacking WhatsApp accounts or adding users to group chats to lure victims into fake investment schemes and other types of fraud.
In one case, WhatsApp, Meta, and OpenAI collaborated to disrupt a Cambodian cybercrime group that used ChatGPT to generate fake instructions for a rent-a-scooter pyramid scheme.
Victims were enticed with offers of cash for social media engagement before being moved to private chats and pressured to make upfront payments via cryptocurrency platforms.
Meta warned that these scams often stem from well-organised networks in Southeast Asia, some exploiting forced labour. Authorities continue to urge the public to remain vigilant, enable features such as WhatsApp’s two-step verification, and be wary of suspicious or unsolicited messages.
It should be mentioned that these scams have also drawn political attention in the USA. Namely, US Senator Maggie Hassan has urged SpaceX CEO Elon Musk to act against transnational criminal groups in Southeast Asia that use Starlink satellite internet to run massive online fraud schemes targeting Americans.
Despite SpaceX’s policies allowing service termination for fraud, Starlink remains active in regions where these scams, often linked to forced labour and human trafficking, operate.
Would you like to learn more about AI, tech and digital diplomacy? If so, ask our Diplo chatbot!
News Corp chief executive Robert Thomson has warned that AI could damage creativity by undermining intellectual property rights.
At the company’s full-year results briefing in New York, he described the AI era as a historic turning point. He called for stronger protections to preserve America’s ‘comparative advantage in creativity’.
Thomson said allowing AI systems to consume and profit from copyrighted works without permission was akin to ‘vandalising virtuosity’.
He cited Donald Trump’s The Art of the Deal, published by News Corp’s book division, questioning whether it should be used to train AI that might undermine book sales. Despite the criticism, the company has rolled out its AI newsroom tools, NewsGPT and Story Cutter.
News Corp reported a two percent revenue rise to US$8.5 billion ($A13.1 billion), with net income from continuing operations climbing 71 percent to US$648 million.
Growth in the Dow Jones and REA Group segments offset news media subscriptions and advertising declines.
Digital subscribers fell across several mastheads, although The Times and The Sunday Times saw gains. Profitability in news media rose 15 percent, aided by editorial efficiencies and cost-cutting measures.
Would you like to learn more aboutAI, tech and digital diplomacy? If so, ask our Diplo chatbot!
Two Chinese nationals have been charged in the US with illegally exporting millions of dollars’ worth of advanced Nvidia AI chips to China, violating the export controls.
The Department of Justice (DOJ) said Chuan Geng and Shiwei Yang operated California-based ALX Solutions, which allegedly shipped restricted hardware without the required licences over the past three years.
The DOJ claims that the company exported Nvidia’s H100 and GeForce RTX 4090 graphics processing units to China via transit hubs in Singapore and Malaysia, concealing their ultimate destination.
Payments for the shipments allegedly came from firms in Hong Kong and mainland China, including a $1 million transfer in January 2024.
Court documents state that ALX falsely declared shipments to Singapore-based customers, but US export control officers could not confirm the deliveries.
One 2023 invoice for over $28 million reportedly misrepresented the buyer’s identity. Neither Geng nor Yang had sought export licences from the US Commerce Department.
Yang was arrested on Saturday, and Geng surrendered soon after. Both appeared in a Los Angeles federal court on Monday and could face up to 20 years in prison if convicted.
Nvidia and Super Micro, a supplier, said they comply with all export regulations and will cooperate with authorities.
Would you like to learn more aboutAI, tech and digital diplomacy? If so, ask our Diplo chatbot!
Google has introduced a new feature in its Gemini AI that allows users to create short, illustrated storybooks from prompts, essays, photos, and drawings. The tool can transform everyday materials into customised children’s books with art and narration.
The company demonstrated how a mother’s CV could be reimagined as a colouring book to explain her career to her children. Gemini can also turn vacation photos, children’s sketches, or personal life events into unique 10-page books in over 45 languages.
Users can select from various visual styles, including pixel art, claymation, crochet, comics, and colouring books.
People describe their desired story and upload optional images or files to use the feature. Gemini then generates a personalised book with illustrations and audio. The service is available worldwide on desktop and mobile through the Gemini app in all supported languages.
Would you like to learn more aboutAI, tech and digital diplomacy? If so, ask our Diplo chatbot!
