Target Launches ChatGPT Shopping App Amid 119% Growth in AI Traffic
Target Corporation has introduced a beta shopping application within OpenAI’s ChatGPT, enabling users to search for curated products and build baskets without leaving the conversation. Announced on 19 November, the integration utilizes the open Agentic Commerce Protocol and arrives as industry data indicates a significant rise in consumers using AI agents for retail discovery.
OpenAI Signs USD 38 Billion AWS Deal in Strategic Cloud Expansion
OpenAI has finalized a USD 38 billion cloud services agreement with AWS, aiming to secure infrastructure for its next generation of AI models. This partnership marks a significant step in the company’s transition to a multi-cloud strategy following its recent corporate restructuring.
Manus AI Faces Heat Over Unpredictable Credit Costs After USD 75M Benchmark Fund
Autonomous agent platform Manus is receiving sustained criticism over its credit-based pricing, which users claim is unpredictable and too restrictive for serious development work. The report examines the platform's economics, the $75 million funding round led by Benchmark, its technical architecture using models like Claude 3.7 Sonnet, and how its variable cost model contrasts with the predictable subscription pricing of competitors like GitHub Copilot.
Gemini 3.0, GPT-5.1 & Grok 4.1: New AI Tools Cut Research Time by 50%
November 2025 brings major updates to academic AI with the release of Gemini 3.0, Grok 4.1, and GPT-5.1. This report compares these general reasoning engines against specialised tools like Elicit and Perplexity, highlighting new features, pricing, and the shift toward hybrid workflows for faster evidence synthesis.
US$350B AI Data Centre Boom Reshapes U.S. Economy as Power Demand Surges
America’s largest tech companies are set to invest more than US$350 billion in AI infrastructure in 2025, fuelling economic growth while increasing pressure on U.S. power grids. Updated spending figures from Microsoft, Alphabet, Meta and Amazon reveal the scale of the nation’s rapidly expanding data-centre footprint.
153,074 U.S. Job Cuts in October, With 31,000 Linked to AI: Workplace Shift Accelerates
U.S. layoffs surged in October, with 153,074 job cuts recorded — the highest October total in more than two decades. About 31,000 of the reductions were linked to artificial intelligence adoption and restructuring efforts. Analysts say the shift reflects both cost pressures and a longer-term transition in how workplaces operate.
WTO Lifts 2025 Trade Growth Forecast to 2.4% as AI Demand Boosts Global Commerce
The World Trade Organization has upgraded its outlook for global trade in 2025, highlighting how rising demand for AI technologies and advance import orders have supported merchandise flows despite broader economic pressures. The organisation cautions, however, that the impact of tariffs and inventory adjustments is likely to slow growth in 2026.
Bloomberg Integrates 50B-Parameter BloombergGPT Into Terminal for Faster Financial Insight
Bloomberg is enhancing its Terminal platform with BloombergGPT, introducing AI-driven tools for faster news comprehension, document search, and analysis. The updates aim to improve efficiency for financial professionals handling large volumes of market data.
AI Index Outpaces Markets in 2025 as Global Investment Surges Past US$250 Billion
The Morningstar Global Next Generation Artificial Intelligence Index has outperformed major market benchmarks in 2025, driven by soaring AI investments, rapid model innovation, and robust chip demand. Analysts note that the sector’s continued expansion signals both strong investor confidence and deeper integration of AI across industries.
Keystone Partners: AI Could Expose 300 Million Jobs to Automation
Keystone Partners has released a July 2025 guide urging employers to plan for workforce disruption as AI advances. Drawing on Goldman Sachs’ projection that 300 million roles globally could be exposed to automation, the report highlights vulnerable sectors, potential economic impacts, and strategies for retraining, outplacement, and hybrid human–AI models.
Stanford HAI Releases 2025 AI Index Report Highlighting Advances and Disparities
Stanford University’s Human-Centered AI Institute has released the 2025 AI Index Report, offering a comprehensive review of the field. The report documents sharp gains in benchmark performance, widespread integration across healthcare, transport, and business, and a surge in global private and public investment. At the same time, it underscores persistent gaps in responsible AI practices, regional differences in public opinion, and ongoing challenges in complex reasoning.
Hugging Face Expands Open-Source AI Role with US$4.5B Valuation and Robotics Push
Hugging Face has emerged as a central hub for open-source AI, enabling global collaboration through its widely used Transformers library and expansive model-sharing platform. Backed by a $4.5B valuation and recent acquisition of Pollen Robotics, the company is expanding beyond software into hardware while continuing to champion accessible, community-driven AI development.
Justice Kagan Praises AI Tool Claude for Supreme Court Case Analysis
U.S. Supreme Court Justice Elena Kagan has praised the AI tool Claude for its analysis of a constitutional dispute, citing its effectiveness in handling complex Confrontation Clause issues. Her comments at the Ninth Circuit Judicial Conference underscore AI’s growing role in legal practice, though persistent risks and ethical questions suggest cautious adoption ahead.
HeyGen Relocates Headquarters from China to U.S. Amid Geopolitical Pressures
HeyGen, an AI-powered video creation platform, shifted its headquarters from China to the U.S. to meet regulatory requirements, attract Western investors, and access restricted AI technology. This strategic move reflects broader industry trends amid ongoing U.S.-China tech tensions.
Manus AI Relocates to Singapore, Cuts China Staff Amid U.S. Tech Tensions
Manus AI, a Chinese artificial intelligence startup, has relocated its global headquarters to Singapore and significantly reduced its China-based staff. The strategic shift highlights the growing impact of international tech regulations on AI firms and signals a broader trend toward global restructuring in the industry.
AI Outperforms 93% of Fund Managers with 6X Higher Gains
Businesses are reallocating AI investments from experimental projects to core operations, aiming for sustainable ROI, according to a new IBM report. In parallel, Stanford research demonstrates AI's ability to outperform human fund managers in stock selection, revealing AI’s expanding influence on corporate and financial decision-making.
Amazon CEO: AI to Reshape Jobs and Reduce Corporate Workforce in Coming Years
Amazon CEO Andy Jassy stated that generative AI and autonomous agents will transform job functions and reduce corporate workforce needs over time. As part of Amazon’s evolving AI strategy, the shift highlights efficiency goals and reflects broader industry trends in automation and workforce adaptation.
Goodman Group Leads US$2.7B Data Centre Push to Power AI Growth in Hong Kong
Goodman Group has formed a $2.7 billion investment consortium with major global partners to develop and manage data centres in Hong Kong. The initiative targets growing AI and cloud computing demand in the Asia-Pacific, with six facilities offering 325 MVA of power capacity. The move reinforces Hong Kong’s role as a regional digital infrastructure hub.
AI to Add US$15.7 Trillion to Global Economy by 2030, But Challenges Remain
Artificial Intelligence is transforming sectors from finance to healthcare, with projections indicating a $15.7 trillion boost to global GDP by 2030. Markets like Australia and Hong Kong are accelerating adoption, yet face hurdles such as AI talent shortages, ethical concerns, and the dominance of tech giants. This report explores the economic impact, opportunities, and challenges of AI’s global rise.
Chinese Markets Surge on AI Innovation as Trade Tensions and Deflation Cloud Outlook
Chinese stocks saw a strong start to 2025, led by DeepSeek’s low-cost AI model. While tech shares and IPO activity surged, ongoing U.S.-China trade tensions, weak consumer demand, and deflationary trends continue to weigh on the broader economic outlook.
