E-commerce and trade

OpenAI Academy supports small firms with AI training

OpenAI Academy is running a US nationwide Small Business AI Jam for more than 1,000 owners. Workshops in San Francisco, New York, Detroit, Houston and Miami give practical help using AI to handle everyday tasks.

Participants from restaurants, retailers, professional services and creative firms work alongside mentors to build tailored AI tools. Typical projects include marketing assistants, customer communication helpers and organisers for bookings, stock or paperwork. Everyone leaves with at least one ready to use workflow.

A survey for OpenAI found around half of small business leaders want staff comfortable with AI. About sixty percent expect clear efficiency gains when employees have those skills, from faster content writing to smoother operations.

Only available in the US, owners gain access to an online academy hub before and after the in person events. Follow up offers a virtual jam on 4 December, office hours, and links to an AI for Main Street certification track and jobs platform.

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Rolex’s unexpected diplomatic moment

Switzerland’s luxury-watch industry, usually associated with glamour rather than geopolitics, found itself under pressure when the United States imposed a steep 39% import tariff on Swiss timepieces, far higher than the EU’s 15%. For a sector that relies heavily on the American market, the threat was severe enough to prompt even the most discreet brands to take action.

In this unusual moment, Rolex, often seen as the quiet custodian of Swiss craftsmanship, stepped onto the diplomatic stage in a way rarely seen from a private company.

At the centre of this shift was Jean-Frédéric Dufour, Rolex’s reserved CEO, whose advocacy blurred the line between lobbying and statecraft. His meetings with President Donald Trump, first at the US Open and later in the Oval Office, bore a resemblance to high-level bilateral engagements more than corporate outreach.

Reports of a gold Rolex desk clock offered as a symbolic gift underscored how the brand relied on soft power rather than aggressive lobbying, using prestige to shape conversations and open political doors. As Jovan Kurbalija notes in his blog, this fusion of corporate, gift, business, and even sports diplomacy marks a striking new tactic in global influence.

The rise of ‘Rolex diplomacy’ signals a broader trend in which multinational brands act as geopolitical players in their own right. As supply chains become increasingly politicised and tariffs are used as a strategic tool, companies with global cultural influence can subtly reshape access and influence through symbols rather than policy arguments.

A luxury watch cannot negotiate a trade deal, but it can create the informal moments of trust and recognition that diplomacy often relies on. Rolex, once simply a maker of coveted timepieces, now stands as an unexpected diplomatic actor, its role ticking forward as global trade enters a new era where branding and statecraft increasingly overlap.

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OpenAI unveils new global group chat experience

Since yesterday, OpenAI has launched group chats worldwide for all ChatGPT users on Free, Go, Plus and Pro plans instead of limiting access to small trial regions.

The upgrade follows a pilot in Japan and New Zealand and marks a turning point in how the company wants people to use AI in everyday communication.

Group chats enable up to twenty participants to collaborate in a shared space, where they can plan trips, co-write documents, or settle disagreements through collective decision-making.

ChatGPT remains available as a partner that contributes when tagged, reacts with emojis and references profile photos instead of taking over the conversation. Each participant keeps private settings and memory, which prevents personal information from being shared across the group.

Users start a session by tapping the people icon and inviting others directly or through a link. Adding someone later creates a new chat, rather than altering the original, which preserves previous discussions intact.

OpenAI presents the feature as a way to turn the assistant into a social environment rather than a solitary tool.

The announcement arrives shortly after the release of GPT-5.1 and follows the introduction of Sora, a social app that encourages users to create videos with friends.

OpenAI views group chats as the first step toward a more active role for AI in real human exchanges where people plan, create and make decisions together.

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US administration pushes back on proposal to restrict Nvidia sales to China

The White House is urging Congress to reject a bipartisan proposal that would restrict Nvidia from selling advanced AI chips to China and other countries subject to an embargo. The GAIN AI Act would require chipmakers to prioritise US buyers before exporting high-performance hardware.

Lawmakers are debating whether to attach the provision to the annual defence spending bill, a move that could accelerate approval. The White House intervention represents a significant win for Nvidia, which has lobbied to maintain export flexibility amid shifting trade policies.

China was previously a significant market for Nvidia, but the firm has pared back expectations due to rising geopolitical risks. Beijing has also increased scrutiny of US-made chips as it pushes for self-reliance in AI and semiconductor technology.

The policy discussions come shortly after Nvidia posted stronger-than-expected third-quarter earnings and issued an upbeat outlook. CEO Jensen Huang has pushed back against concerns of an AI-driven valuation bubble, arguing demand remains robust.

Nvidia’s shares rose 5 percent after hours following the earnings report, reflecting investor confidence as Washington continues to debate the future of AI chip export controls.

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KT launches secure public cloud with Microsoft for South Korean enterprises

The telco firm, KT Corp, has introduced a Secure Public Cloud service in partnership with Microsoft, designed to meet South Korea’s stringent data sovereignty demands instead of relying solely on global cloud platforms.

Built on Microsoft Azure, the platform targets sectors such as finance and manufacturing, offering high-performance computing while ensuring all data remains stored and processed domestically.

A service that is based on three pillars: end-to-end data protection, enhanced enterprise control over cloud resources, and strict compliance with the residency requirements of South Korea.

Confidential computing encrypts data even during in-memory execution, while a managed hardware security module allows customers to fully own and manage encryption keys, enabling true end-to-end protection.

KT said the platform is particularly suitable for AI training, transaction-heavy applications, and operational workloads where data exposure could pose major risks.

By combining domestic governance with the flexibility and scalability of Azure, the company aims to give enterprises a reliable cloud solution without compromising performance or compliance.

The launch also strengthens KT’s broader cloud ecosystem, which includes KT Cloud and managed global cloud services like AWS.

KT plans to expand the Secure Public Cloud gradually across industries, responding to rising demand from organizations that need robust domestic data controls instead of facing the risks of cross-border data exposure.

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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.

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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.

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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.

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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.

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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.

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