Xpanceo Secures $250M for Smart Contact Lenses; China Completes BeiDou Satellite System
Key Takeaways
- Xpanceo raised $250M for smart contact lenses with XR, health monitoring, valued at $1.35B.
- China completed its BeiDou satellite system, rivaling GPS with 30 operational satellites globally.
- AI discovered MagNex, a rare-earth-free magnet, processed at 20% the cost of current magnets.
- HCLTech partners with OpenAI to promote AI adoption for enterprises using OpenAI's AI product suite.
- Tesla customer wins lawsuit, gets $10,000 refund for non-functional Full Self-Driving (FSD) system.
Top Stories
Xpanceo raises $250M for smart contact lenses with XR, health monitoring.
Xpanceo, a Dubai-based startup, secured $250 million in Series A funding, valuing the company at $1.35 billion, to develop smart contact lenses. These lenses will integrate XR, health monitoring, and night vision, targeting a $750 billion market by replacing personal devices.
China completes BeiDou satellite system.
China announced the completion of its BeiDou satellite system on July 7, 2025, a global navigation system designed to rival the U.S. GPS. With 30 operational satellites, BeiDou provides high-precision global coverage and aims to break China's reliance on GPS.
AI discovers new rare-earth-free magnet.
Researchers from Materials Nexus used AI to discover a new rare-earth-free magnet called MagNex in just three months. The AI analyzed over 100 million rare-earth-free material alloys and found a recipe that can be processed at 20% of the cost of rare-earth magnets.
HCLTech partners with OpenAI for AI adoption.
HCLTech announced a multi-year strategic partnership with OpenAI to promote AI adoption for enterprises. HCLTech will combine OpenAI's AI product suite with its AI engineering expertise to enable rapid and large-scale deployment of generative AI for its customers.
U.S. customer wins lawsuit against Tesla over FSD.
A U.S. customer successfully sued Tesla in arbitration, receiving a $10,000 refund for a non-functional Full Self-Driving (FSD) system purchased in 2021. The court ruled the feature was not available, operational, or functional, potentially setting a legal precedent.
AI Breakthroughs
AI band Velvet Sundown gains popularity, challenges music authorship.
The AI-assisted band Velvet Sundown gained popularity on Spotify, reaching over 1 million monthly listeners, confirmed as a human-AI collaboration. The project, using AI for composition, voicing, and visualization, challenges traditional music authorship norms.
Apple's AI model director Ruoming Pang joins Meta.
Ruoming Pang, Apple's AI model director, joined Meta's superintelligence team, leading Apple's Foundation Model team. Meta offered Pang a multi-million dollar salary, impacting Apple's AI ambitions and bolstering Meta's push for AGI.
PCMag reviews Anthropic's Claude AI chatbot.
PCMag reviewed Anthropic's Claude AI chatbot on July 7, 2025, highlighting its privacy-first approach, competent reasoning, and creative writing skills. Claude offers a free version, with premium plans like Pro ($17/month) and Max ($100/$200 per month).
NTT develops PTA technology to enhance LLM accuracy.
NTT Corporation announced the development of 'PTA' (Plausible Token Amplification), a new technology designed to enhance the response accuracy of large language models (LLMs). This technique improves LLM response accuracy in automated reply systems by using past user input-response pairs.
Academic papers used hidden prompts to manipulate AI tools.
Academic papers from 14 universities contained hidden prompts designed to manipulate AI tools into providing favorable reviews. These prompts instructed AI systems to give positive evaluations and avoid highlighting negatives, with some authors defending the practice.
ZDNET outlines strategies for effective AI agent management.
ZDNET publishes an article outlining five strategies for effective AI agent management according to business leaders. The piece discusses trust in AI decisions, blending human and machine attributes, and embracing change.
App Innovations
Samsung updates SmartThings with AI-powered routines.
Samsung updated its SmartThings platform with AI-powered routine creation, allowing users to create smart home routines via natural language. The iOS version includes Dark Mode, expanded Apple Watch controls, and URL sharing for SmartTag locations.
Infomaniak promotes my kSuite as ethical alternative to GAFAM.
Infomaniak promotes my kSuite as a European ethical alternative to GAFAM services, offering secure email, cloud storage, and productivity tools without data exploitation. A 80% discount is available for kSuite+ until July 31, 2025.
Samsung hints at new health features for Galaxy Watches.
On July 8, 2025, ZDNET reported that Samsung is hinting at new health features coming to Galaxy Watches with its One UI 8 Watch updates. The new features include Running Coach, Bedtime Guidance, Vascular Load, and Antioxidant Index.
Cybersecurity Alerts
PayPal launches AI-powered scam alert system.
PayPal launched an AI-powered scam alert system to detect and block fraudulent transactions globally, including for Venmo users in the U.S. The system uses AI to analyze data, providing warnings for transactions and blocking high-risk payments.
Fortinet's 2025 Global Threat Report reveals surge in cyberattacks.
Fortinet's 2025 Global Threat Report reveals a surge in automated cyberattacks due to AI and new techniques. Active scans increased by 16.7% in 2024, reaching a record high with 36,000 scans per second, and infostealer malware logs rose by 500%.
Hottest Gadgets
Samsung to unveil Galaxy Z Fold 7 and Z Flip 7 on July 9, 2025.
Samsung will unveil the Galaxy Z Fold 7 and Z Flip 7 at the Galaxy Unpacked event in New York on July 9, 2025. The event, which will be live-streamed, may also include new wearable devices, with the Z Fold 7 and Z Flip 7 potentially costing more.
CNET recommends Arlo Essential 2K security camera.
CNET recommends the Arlo Essential 2K security camera for its 2K resolution, weather resistance, and smart home integration. The camera is on sale for Prime Day at $50, offering features like customizable detection and integration with Alexa and Google Home.
WIRED reviews best robot vacuums of 2025.
WIRED published a review of the 9 best robot vacuums of 2025 on July 7, 2025, including models from Roborock, Dreame, and Yeedi. The Matic robot vacuum uses six RGB infrared cameras to create 3D models of homes.
Apple AirPods Max on sale for Prime Day.
During Amazon Prime Day 2025, Apple AirPods Max are on sale, with prices reported at $399.99 and $429.99, highlighting noise cancellation and spatial audio features. The sale includes five color options and other Apple product deals.
Acer Swift Go 14 (2024) ultraportable laptop on sale.
The Acer Swift Go 14 (2024) ultraportable laptop is on sale for $791, featuring Intel Meteor Lake processors and a 14-inch IPS touchscreen. It offers competitive performance against higher-priced models with a lightweight design and versatile port selection.
Engadget evaluates top mesh Wi-Fi systems.
Engadget publishes a comprehensive guide evaluating top mesh Wi-Fi systems for 2025, focusing on Wi-Fi 6E technology. The article compares systems like TP-Link Deco XE75, Google Nest Wi-Fi Pro 6E, and ASUS ZenWiFi Pro AXE11000.
Apple Watch models on sale for Amazon Prime Day.
Amazon Prime Day 2025 features deals on Apple Watch models, including the Apple Watch SE (2nd Gen) for $169 (32% off). The Apple Watch SE (2022) is also offered at 209€, down from its original 249€.
Engadget recommends best Apple iPads for 2025.
Engadget recommends the best Apple iPads for 2025, with the iPad Air (M3) as the best for most people, starting at $599. Apple previewed iPadOS 26 during its WWDC keynote, which will bring iPadOS closer to macOS.
ZDNET reviews Thermal Master Thor 002 thermal camera.
ZDNET's Adrian Kingsley-Hughes reviewed the Thermal Master Thor 002, an industrial-grade thermal camera priced at $399. The device features a 3.5-inch IPS display and a -20°C to 550°C temperature range.
CNET reviews Dreame X50 Ultra robot vacuum.
Jared Hannah, Senior Technical Project Manager at CNET, reviewed the Dreame X50 Ultra robot vacuum, which is on sale for $1,300 as part of Amazon Prime Day. The Dreame X50 uses climbing arms to overcome obstacles and completed a full deep clean in 123 minutes.
Lorex 2K dual-lens security camera on sale for Prime Day.
During Prime Day, the Lorex 2K dual-lens security camera is available for $80, featuring local storage, motion tracking, and 360-degree panning. The camera includes a stationary bottom camera and a top camera that rotates 360 degrees.
PCMag provides guide to best ultraportable laptops for 2025.
PCMag provides a comprehensive guide to the best ultraportable laptops for 2025, featuring top picks and detailed reviews. The guide includes laptops from various manufacturers such as Asus, Lenovo, and Apple.
ZDNET reviews Lorex 2K video doorbell.
ZDNET reviewer Maria Diaz evaluates the Lorex 2K video doorbell, highlighting its subscription-free model, 2K resolution, and $50 discount. The device offers wired/wireless installation, local storage via microSD, and integrates with Alexa.
Engadget lists must-have gadgets for college students.
On July 7, 2025, Engadget published a list of 12 must-have gadgets for college students, including a laptop, headphones, tablet stand, and smartwatches. These gadgets aim to help students stay organized, produce better work, and enjoy their downtime.
Google TV Streamer 4K on sale.
As of July 7-8, 2025, the Google TV Streamer 4K is on sale for $84 on Amazon, featuring a user-friendly interface and quick performance. It supports 4K HDR streaming with Dolby Vision and Dolby Atmos.
Tech of Tomorrow
Waymo expands autonomous driving tests.
Waymo is expanding its autonomous driving tests, starting in Philadelphia in the fall with limited vehicles and safety drivers. Waymo operates fully autonomous rides in several cities and plans to launch in Washington, DC, Miami in 2026, and Tokyo.
Researchers develop CMOS logic circuits using 2D materials.
Researchers at Penn State University and US researchers have independently developed CMOS logic circuits using single-atom-thick two-dimensional materials. These circuits, using materials like molybdenum disulfide (MoS₂) and tungsten selenide (WSe₂), can perform basic logic operations.
CoreWeave to acquire Core Scientific in $9 billion deal.
CoreWeave agreed to acquire Core Scientific in a $9 billion all-stock deal, valuing Core Scientific's stock at $20.40 per share. The deal includes a 12-year power contract and aims to expand CoreWeave's data center capabilities.
Hitachi announces Field Safety Enhancement Solution using NVIDIA Omniverse.
Hitachi announced the 'Field Safety Enhancement Solution' leveraging NVIDIA's 'Omniverse' technology on July 8, 2025. This solution employs AI agents trained on the safety standards of experienced workers and a digital twin to recreate the work site.
Qualcomm transitions to a compute company.
Qualcomm, led by Alex Katouzian, is transitioning to a compute company, expanding its presence in the PC market with Snapdragon chipsets. Qualcomm aims to increase the market share of Snapdragon-powered PCs to double digits in the next few years.