E-commerce and trade

Palantir and partners promise rapid AI deployment in banking

Palantir Technologies, xAI, and TWG Global have announced a new partnership aimed at accelerating the adoption of artificial intelligence across the financial services industry. The initiative promises faster deployment and measurable results within just 90 days.

The collaboration seeks to help financial institutions integrate AI into their core operations. As financial institutions strive to modernise, the companies aim to overcome what they call the ‘agentic tech debt bubble’ and deliver real, scalable value.

The offering combines Palantir’s platform, xAI’s advanced language models, and TWG Global’s operational expertise, including a Governance Foundation for data readiness and a suite of AI-driven tools.

TWG Global will lead implementation efforts, focusing on involving senior executives directly to ensure AI integration becomes a central business strategy rather than a sidelined tech project. The partnership builds on an earlier venture between Palantir and TWG Global.

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

Apple may replace Google with AI in Safari

Apple may soon reshape how users search the web on iPhones and other devices by integrating AI-powered search engines directly into Safari instead of relying solely on Google.

According to Bloomberg, the company is ‘actively looking at’ expanding options in its browser to include AI systems such as OpenAI’s ChatGPT and Perplexity, potentially disrupting Google’s long-held dominance in online search.

Currently, Google pays Apple around $20 billion a year to remain the default search engine in Safari — about 36% of the search ad revenue generated through Apple devices. But that relationship may be under pressure, especially as AI tools gain popularity.

Apple has already partnered with OpenAI to bring ChatGPT into Siri, while Google is now pushing to include its Gemini AI system in future Apple products.

Alphabet’s shares dropped 6% following the news, while Apple saw a 2% dip. Apple executive Eddy Cue, testifying in an ongoing antitrust case, noted a recent decline in Safari searches and said he expects AI search tools to eventually replace traditional engines like Google.

Apple, he added, plans to introduce these AI services as built-in alternatives in Safari in the near future.

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

Netflix introduces AI chatbot to help you pick what to watch

Netflix is trialling an AI chatbot inside its iOS app, offering a new way for users to find content by simply typing natural phrases instead of relying on standard searches. In this small, opt-in beta, users might say things like ‘I want something funny and upbeat; to receive tailored recommendations.

The company believes the AI chatbot could soon become a core part of its app on both iOS and Android, and perhaps even land on TVs in future.

Alongside this, Netflix is reshaping the user experience by surfacing helpful labels like ‘Emmy Award Winner’ and ‘#1 in TV Shows’ to help viewers choose faster instead of scrolling endlessly.

Search and My List are moving to the top of TV screens for better visibility, and the homepage is getting a cleaner, more modern design.

Netflix says recommendations will also shift dynamically based on a viewer’s mood or interests, although it hasn’t explained exactly how this will work.

On mobile, Netflix plans to roll out a vertical feed of show and movie clips in the coming weeks. You’ll be able to tap to watch, save, or share immediately—turning content discovery into a quick and interactive experience instead of a chore.

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

Mistral AI unveils enterprise tools to rival Big Tech

French startup Mistral AI is making waves with the launch of its Medium 3 model family and a business chatbot called Le Chat Enterprise, aiming to disrupt a market long dominated by OpenAI, Google, Microsoft, and Anthropic.

The company claims its new models outperform rivals while needing fewer computational resources, giving businesses a more efficient and affordable AI alternative.

The Medium 3 family consists of Small, Standard and Large variants, with the Standard version described as the ideal balance between power and efficiency.

Capable of handling context windows up to 128,000 tokens, these models can process long documents and complex inputs without the costs typically associated with top-tier AI systems.

Meanwhile, Le Chat Enterprise offers companies a privacy-focused, ready-to-deploy chatbot tailored for business use instead of consumer settings.

Backed by €385 million in funding and a team of former DeepMind and Meta researchers, Mistral continues to set itself apart by combining open-source releases with commercial offerings.

If its performance claims hold in independent benchmarks, Mistral may force the AI industry to compete not only on raw capability but also on value—a shift that could benefit enterprises seeking practical, cost-effective AI solutions instead of hype-driven tools.

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

Irish startup launches first silicon quantum computer

An Irish startup, Equal1, has unveiled the world’s first silicon-based quantum computer designed to integrate smoothly into existing data centres instead of requiring entirely new infrastructure.

Named Bell-1, the compact six-qubit device is built to slot directly into standard server racks, weighing just over 200 kilograms and roughly matching the size of a conventional GPU server.

Its standout feature is a self-contained cooling unit that maintains a temperature of 0.3 kelvin without external cryogenics, making it far more practical to deploy than traditional quantum machines.

Bell-1 relies on silicon-based spin qubits instead of more common trapped-ion or superconducting qubits, allowing it to take advantage of existing semiconductor fabrication methods. This choice results in smaller, more scalable components and paves the way for greater qubit density.

The UnityQ chip at the system’s core combines quantum processor units (QPUs), Arm CPUs, and neural processing units (NPUs), eliminating the need for complex coordination between classical and quantum systems — it can be plugged into a power outlet and used like conventional hardware.

The platform includes built-in error correction and AI-powered controls developed in partnership with Arm, helping reduce errors and increase operational speed. Even though this first-generation chip supports just six qubits, Equal1 plans to scale up future versions.

Instead of replacing the entire system, early adopters will be able to upgrade existing installations, ensuring long-term relevance and smoother adoption of more advanced models.

Equal1’s breakthrough builds upon performance records it set in late 2024, where its silicon qubit arrays demonstrated the highest gate fidelity and speed ever recorded.

Bell-1 marks a significant leap forward by offering quantum capabilities without the barriers typically associated with quantum hardware, bringing the technology closer to practical use in traditional computing environments.

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

Bhutan launches first national crypto tourism payment system

Bhutan has launched the world’s first national-level crypto tourism payment system, in partnership with Binance Pay and DK Bank. Tourists can now pay for nearly everything, from flights to food, using over 100 cryptocurrencies like BTC, BNB, and USDC.

Payments are made via QR codes through the Binance app, with DK Bank converting crypto into Bhutan’s local currency instantly.

The new system offers benefits beyond convenience. Small businesses, especially in remote areas, can now accept crypto payments with just a smartphone. Local vendors, who previously lacked card payment infrastructure, now have new opportunities thanks to the system.

By eliminating cross-border payment issues, zero gas fees, and not relying on international card networks, the system makes transactions seamless. It sets a global precedent, potentially encouraging other countries to adopt similar models for tourism.

The Binance Pay Bhutan partnership is already making waves in the tourism sector, showing how crypto can connect cultures and improve travel experiences. Binance’s growing use case in tourism continues to build confidence in its token.

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

OpenAI reduces Microsoft share in future revenues

OpenAI plans to reduce the share of revenue it gives Microsoft as part of its long-term partnership, according to a report by The Information.

The AI firm has told investors it expects to share just 10 per cent of its revenue with Microsoft and other commercial partners by 2030, instead of the 20 per cent originally agreed under its current deal.

The change comes as OpenAI scales back a broader restructuring effort. The company’s nonprofit parent will now retain control, a move likely to limit CEO Sam Altman’s influence. Despite ongoing collaboration, this shift signals a recalibration of financial and governance dynamics between the two companies.

Microsoft, which recently altered parts of its agreement with OpenAI while pursuing major AI data centre projects, has not commented on the latest report. OpenAI, meanwhile, said it remains committed to working closely with Microsoft and expects to finalise the details of its recapitalisation soon.

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

Microsoft adds AI assistant to Windows 11 settings

Microsoft is bringing more AI to Windows 11 with a new AI assistant built into the Settings app. This smart agent can adjust system settings like mouse precision, help users navigate the interface, and even troubleshoot problems—all by request.

With the user’s permission, it can also make changes automatically instead of relying on manual adjustments.

The AI assistant will first roll out to testers in the Windows Insider programme on Snapdragon-powered Copilot+ PCs, followed by support for x86-based systems.

Although Microsoft has not confirmed a release date for the general public, this feature marks a major step in making Windows settings more intuitive and responsive.

Several other AI-powered updates are on the way, including smarter tools in File Explorer and the Snipping Tool, plus dynamic lighting in the Photos app.

Copilot will also gain a new ‘Vision’ feature, letting it see shared windows for better in-app assistance instead of being limited to text prompts alone.

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

Amazon’s new robots could replace warehouse workers

Amazon’s latest innovation, the Vulcan robot, is set to revolutionise the company’s warehouse operations. These cutting-edge robots are designed with an advanced ‘sense of touch,’ enabling them to perform tasks such as picking and packing, which were previously exclusive to human workers.

It could significantly reduce the number of jobs required in Amazon’s fulfilment centres worldwide, potentially displacing lower-skilled workers, particularly those in temporary or younger roles.

Vulcan’s technology allows it to navigate complex tasks, including placing items into precise spots and handling a vast array of products with care, a challenge that was previously difficult for robots.

Amazon argues that the robots will improve workplace safety by reducing the physical strain on employees and minimising injuries, while also boosting operational efficiency.

However, the shift towards automation raises concerns about the future of employment within Amazon’s warehouses.

Though Amazon emphasises that robots like Vulcan will complement human workers, the growing use of automation, including drone deliveries and AI-powered machines, could diminish the need for human labour in certain roles.

A move like this, combined with the company’s broader tech investments, prompts significant questions about the future of work and the potential societal impacts of widespread automation.

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

AMD faces a $1.5 billion loss from US chip curbs

AMD expects to lose around US$1.5 billion in revenue this year because of new US export restrictions on advanced AI chips, which now require a licence to be sold to China.

The US government, under both the Biden and Trump administrations, has tightened curbs on chip exports in an effort to slow China’s progress in developing powerful AI systems, citing national security risks.

China makes up roughly a quarter of AMD’s total revenue, so these measures could reduce AMD’s expected annual earnings by almost 5 per cent.

Despite this setback, AMD posted stronger-than-expected second-quarter revenue guidance, forecasting around US$7.4 billion, likely driven by customers rushing to stockpile chips before the new rules fully take effect.

CEO Lisa Su said the impact from the curbs would be mostly felt during the second and third quarters, yet she still expects revenue from the company’s AI data centre chips to grow by strong double digits in 2024.

AMD’s finance chief Jean Hu clarified the projected US$1.5 billion revenue loss is tied directly to the latest export controls introduced in April.

Although AMD is under pressure, demand for its high-performance chips remains solid, with tech giants like Microsoft and Meta continuing to invest heavily in AI infrastructure.

The company’s data centre division saw sales jump 57 per cent to US$3.7 billion, helping push total revenue up 36 per cent to US$7.44 billion—both figures exceeding analyst expectations. Adjusted earnings stood at 96 cents per share, slightly above estimates.

Rival chipmaker Nvidia has also warned it now requires a licence to export to China and faces an even larger US$5.5 billion hit.

Meanwhile, other tech firms didn’t fare as well—Marvell Technology and Super Micro disappointed investors, with shares falling after they issued weaker outlooks, adding further signs of turbulence in the chip sector.

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