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Major Tech Shakeups – Billion-Dollar Bets, Samsung Foldables, OpenAI Agent, and More

July’s Tech News Recap 🧠📱💥

The tech world didn’t hold back this July — from $2 billion AI startups and foldable phone reveals to sweeping layoffs and new AI regulations. Here’s everything you need to know.

🧠 $2B Raised by Mira Murati’s AI Startup

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

📱 Samsung’s Foldables Go Ultra-Thin

At Galaxy Unpacked, Samsung debuted its thinnest foldables yet:

  • Galaxy Z Fold 7 – now with a 200MP camera
  • Z Flip 7 and Z Flip FE – a more budget-friendly version
  • Watch 8 Series – upgraded health and fitness tracking

Samsung keeps proving they own the foldable scene.

Source: Android Central

🤖 OpenAI Launches ChatGPT “Agent”

A massive step for AI assistants: OpenAI released a new “Agent” mode for ChatGPT on July 17. It can now autonomously take action on your behalf — from booking appointments to creating docs — bringing AI closer to being a real-world digital assistant.

Source: TS2 News

🧬 Microsoft + Tevogen Secure AI Drug Patent

Tevogen, with help from Microsoft, landed a global patent for its AI immunotherapy engine, improving how we detect peptides for disease treatments — especially in diverse populations.

Source: StockTitan

🔥 Layoffs Hit Tech Industry – Again

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

🔁 Alphabet CEO Rumors – AI Execs in the Running

Google’s parent company may be prepping for a leadership shakeup. Rumors say DeepMind CEO Demis Hassabis could replace Sundar Pichai as Alphabet’s next head — showing just how AI-centric the company is becoming.

Source: People Matters

💻 Nvidia Becomes $4T Giant + DeepMind’s Windsurf Buy

  • Nvidia hit $4 trillion market cap, the first company ever to do so — powered by AI chip demand.
  • Google DeepMind just acquired the team behind Windsurf, an AI code generator, for $2.4B after a deal with OpenAI fell through.

Source: TS2 News

🏛️ Texas Becomes First State to Enact Broad AI Law

Texas just passed landmark AI regulation, requiring:

  • Bias detection
  • Algorithmic transparency
  • Audit trails

This sets a precedent for other U.S. states to follow in governing how AI is used and deployed.

Source: Crescendo AI

📊 Honorable Mentions

  • ☢️ AI Data Centers Going Nuclear: Big tech companies are exploring nuclear energy to power AI cloud centers.
  • 🎓 AI Job Loss Concerns: Entry-level jobs are feeling the early effects of widespread AI integration.
  • 📉 Samsung’s Q2 Profits Slump: Despite foldable hype, Samsung forecasts a 39% drop in profit due to soft AI chip demand.

Source: Crescendo AI

🧠 Final Thoughts

Between explosive AI growth, mass layoffs, and new regulation, it’s clear we’re entering a new tech era. Whether it’s AI tools becoming agents, companies reshaping themselves, or government oversight kicking in, the transformation is just getting started.

Stay updated, stay sharp — the future's accelerating fast.

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