Google Expands AI-Powered Virtual Try-On Experience With Realistic Shoe Fitting

by THEFUTURE.TEAM

October 9, 2025

Expanding Digital Horizons

Google has taken a significant leap forward in e-commerce innovation by expanding its AI-driven virtual try-on feature to Australia, Canada, and Japan. The tech giant recently announced that consumers can now virtually try on shoes, further enhancing its interactive shopping experience.

Innovating Virtual Shopping

The enhanced feature invites users to upload a full-length photo, enabling the system to generate a digital rendition that accurately depicts how the selected pair of shoes will appear on them. By simply tapping on any product listing and selecting the ‘Try It On’ button, customers are quickly provided with an immediate, personalized view, which they can save or share.

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Personalized Fittings Through AI

Building on the virtual try-on technology for clothing that debuted two months ago, Google’s latest rollout marks a shift from generic model-centric displays to a more authentic representation. The platform now allows users to see a virtual reflection of themselves wearing the items, a move that could redefine online shopping dynamics.

Leveraging Generative AI

Both the updated try-on capability and the experimental Doppl app—launched in June—harness the power of generative AI to create a seamless digital fit experience. While the virtual try-on feature offers a quick preview via static images, Doppl further extends this innovation by generating AI-driven videos that provide a more immersive illustration of how an outfit or pair of shoes might look in real life.

Setting New Standards in Retail

Google’s strategic enhancement comes as industry competitors like Amazon and Walmart introduce similar functionalities, further intensifying the race to capture the digital shopper’s attention. By providing a more tailored and interactive retail experience, Google is not only advancing its technological prowess but also setting new benchmarks for consumer engagement in the digital marketplace.

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Central Bank Of Cyprus Balance Sheet Reflects Strong Eurosystem Position

by THEFUTURE.TEAM

February 17, 2026

Overview Of Financial Stability

The Central Bank of Cyprus (CBC) has released its latest balance sheet, reaffirming its steadfast role within the Eurosystem. The balance sheet, featuring total assets and liabilities of €29.545 billion, underscores the institution’s stable financial posture at the close of January 2026.

Asset Allocation And Strategic Holdings

Governor Christodoulos Patsalides issued the balance sheet, which details the CBC’s asset composition under the Eurosystem framework. Notably, the bank’s gold and gold receivables amounted to €1.635 billion, providing a significant hedge and stability to its balance sheet. Additional asset categories include claims on non-euro area residents denominated in foreign currency at €1.099 billion, while claims on euro area residents in both foreign and domestic currency add further depth to its portfolio.

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The most substantial asset category, intra-Eurosystem claims, reached €19.438 billion, an indication of the CBC’s deep integration with its European counterparts. Furthermore, euro-denominated securities held by euro area residents contributed €6.587 billion. Despite a marked emphasis on these areas, lending to euro area credit institutions in monetary policy operations recorded no activity during the period.

Liability Structure And Monetary Policy Implications

On the liabilities side, banknotes in circulation contributed €3.218 billion. Liabilities to euro area credit institutions associated with monetary policy operations were notably the largest single category, totaling €17.636 billion. Supplementary liabilities included those to other euro area residents, which aggregated to €4.989 billion, with government liabilities playing a predominant role at €4.754 billion.

Other liability items, such as claims related to special drawing rights allocated by the International Monetary Fund at €494.193 million, and provisions of €596.571 million, further articulate the CBC’s exposure. Revaluation accounts stood at €1.643 billion, and overall capital and reserves were confirmed at €333.822 million, completing the picture of a well-capitalized institution.

Conclusive Insights And Strategic Alignment

The detailed breakdown illustrates the CBC’s sizeable intra-Eurosystem exposures, reinforcing its central role within Europe’s monetary landscape. With an asset-liability balance maintained at €29.545 billion, the CBC’s financial position remains robust, indicating a commitment to structural stability and strategic risk management.

This fiscal disclosure not only provides transparency into the CBC’s operations but also serves as a benchmark for comparative analysis among other central banks within the Eurosystem, highlighting the intricate balance between asset liquidity, regulatory oversight, and monetary policy imperatives.

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