The tech world didnât hold back this July â from $2â¯billion AI startups and foldable phone reveals to sweeping layoffs and new AI regulations. Hereâs everything you need to know.
Former OpenAI CTO Mira Murati just raised $2 billion in seed funding for her new startup, Thinking Machines Lab, bringing its valuation to $12 billion. This is one of the largest AI funding rounds in history, showing just how hot the space remains.
Source: The Recursive
At Galaxy Unpacked, Samsung debuted its thinnest foldables yet:
Samsung keeps proving they own the foldable scene.
Source: Android Central
A massive step for AI assistants: OpenAI released a new âAgentâ mode for ChatGPT on July 17. It can now autonomously take action on your behalf â from booking appointments to creating docs â bringing AI closer to being a real-world digital assistant.
Source: TS2 News
Tevogen, with help from Microsoft, landed a global patent for its AI immunotherapy engine, improving how we detect peptides for disease treatments â especially in diverse populations.
Source: StockTitan
Microsoft, Intel, ByteDance, Scale AI, Indeed, and others have laid off thousands of workers in July. The moves are mostly due to AI-driven restructures and aggressive cost-cutting as companies shift their strategies.
Source: Fast Company
Googleâs parent company may be prepping for a leadership shakeup. Rumors say DeepMind CEO Demis Hassabis could replace Sundar Pichai as Alphabetâs next head â showing just how AI-centric the company is becoming.
Source: People Matters
Source: TS2 News
Texas just passed landmark AI regulation, requiring:
This sets a precedent for other U.S. states to follow in governing how AI is used and deployed.
Source: Crescendo AI
Source: Crescendo AI
Between explosive AI growth, mass layoffs, and new regulation, itâs clear weâre entering a new tech era. Whether itâs AI tools becoming agents, companies reshaping themselves, or government oversight kicking in, the transformation is just getting started.
Stay updated, stay sharp â the future's accelerating fast.
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