# Big deals, delays, and breakthroughs—everything exciting in tech this month.
Meta is aggressively boosting its AI capabilities by raising $29 billion ($3 billion equity, $26 billion debt) from investors like Apollo and KKR. CEO Mark Zuckerberg is determined to keep Meta competitive against AI giants like OpenAI and Google, committing up to $65 billion in total AI spending for 2025.
Snowcap Compute, known for superconducting AI chips, secured $23 million, welcoming ex-Intel CEO Pat Gelsinger to its board. Promising energy-efficient performance, Snowcap plans its first chip by late 2026.
AI military planning startup Onebrief is now valued at $1.1 billion after raising $20 million. Its Claude-powered platform streamlines military operations planning, ditching paperwork for real-time digital collaboration.
Microsoft's next-gen AI chip, Maia, faces a 6-month production delay until 2026, impacting their planned AI advancements in products and services.
Despite massive AI investments, Microsoft and Amazon announced significant layoffs. Microsoft restructures its Xbox division, while Amazon implements gradual workforce reductions.
Samsung's Galaxy Unpacked, set for July 9 in Brooklyn, is expected to feature Galaxy Z Fold 7, Flip 7, Galaxy Watch 8, a possible tri-fold smartphone, and an XR headset developed with Google.
Meta and Oakley introduced AI-powered smart glasses, Meta HSTN, featuring 3K video, AI assistant, and open-ear audio, priced from $399.
OpenAI unveiled GPT-5, processing text, images, video, and audio, enhancing natural interaction. Subscription availability is expected late 2025.
Nvidia and Mississippi launch a statewide AI curriculum for middle and high schools, preparing students for tech-driven careers.
SoftBank CEO Masayoshi Son proposes a massive $1 trillion AI and robotics hub, "Project Crystal Land," in Arizona, in collaboration with TSMC and Samsung, aiming to strengthen U.S. leadership in AI hardware.