Goldman Sachs integrates Devin; Microsoft and OpenAI renegotiate AGI contract

Latest Technology News
Total 1604 words · 7 mins read

Key Takeaways

  • Goldman Sachs integrates Cognition's Devin AI coding assistant for routine engineering tasks.
  • Microsoft and OpenAI renegotiate contract; OpenAI may withhold models upon achieving AGI.
  • WEF projects 92M job displacements, 170M new roles due to technological change by 2025.
  • Meta acquires PlayAI, a voice AI startup, to enhance natural voice generation.
  • OpenAI enhances ChatGPT's memory feature, improving personalized responses, now on free tier.

Top Stories

Goldman Sachs integrates AI coding assistant Devin.

Goldman Sachs is integrating Cognition's AI coding assistant, Devin, into its workforce to handle routine engineering tasks. This move, with plans to deploy hundreds or thousands of Devins, signifies a major step in Wall Street's adoption of AI technology.

Microsoft and OpenAI renegotiate contract regarding AGI.

Microsoft and OpenAI are renegotiating their contract, focusing on a clause that could restrict Microsoft's access to OpenAI's new AI models if they achieve Artificial General Intelligence (AGI). The clause allows OpenAI to withhold its new models if AGI is achieved, defined as a highly autonomous system outperforming humans at most economically valuable work.

Job displacement and creation due to technological change.

In 2025, the World Economic Forum projects 92 million job displacements versus 170 million new roles due to technological change. The Organization for Economic Cooperation and Development (OECD) estimates that a quarter of jobs worldwide face a serious risk of becoming obsolete due to AI, with developed economies being most affected.

Meta acquires PlayAI for voice AI.

Meta acquired PlayAI, a voice AI startup specializing in human-like voice generation, to develop natural voices and enhance audio content creation. The PlayAI team will join Meta's Superintelligence Labs, but financial terms for the acquisition were not disclosed.

OpenAI enhances ChatGPT's memory feature.

OpenAI is enhancing ChatGPT's memory feature, making it more robust and accessible, including on its free tier. This update allows ChatGPT to have more memories of you by using past conversation context for personalized responses.

Deals & Sales

Deals for Apple AirPods Pro 2.

Both Mashable and CNET report on deals for Apple AirPods Pro 2, with prices as low as $149 during Walmart's Anti-Prime Day sale and Amazon Prime Day. The AirPods Pro 2 offer adaptive ANC, detailed sound, and up to 30 hours of battery life with the MagSafe case.

Best Buy's anti-Prime Day sale.

Best Buy is holding an "anti-Prime Day" sale through Sunday, July 13, 2025, offering over 60 deep discounts on TVs, laptops, tablets, and headphones. Top deals include the LG 48-inch B4 OLED 4K TV for $550 and the Hisense A7 75-inch 4K smart TV for $450.

Duracell M150 Power Station on sale.

During Amazon Prime Day, the Duracell M150 Power Station is on sale for $79, which is half off its usual price of $159. This portable power station has multiple USB-C and USB-A ports, a built-in light ring, and a dock for continuous charging.

WIRED highlights Prime Day deals.

WIRED highlights 142 Prime Day deals still available as of July 12, 2025, featuring discounts on tech, home office, and more. Noteworthy deals include 38% off a Panasonic Z95A OLED TV, 53% off a Netgear Nighthawk RAXE300 Wi-Fi Router, and 15% off the Oura Ring 4.

Amazon Prime Day TV deals.

Amazon Prime Day 2025 featured numerous TV deals, including the TCL QM6K QLED for $548, the LG C4 OLED TV for $1,197, and the Roku Pro Series for $598.

Govee lighting products deals.

During Amazon Prime Day, deals are available on Govee lighting products, with savings reaching up to 46% off select lights. TechRadar reports discounts on the Govee Table Lamp 2, now $55.99 (was $79.99) or £45.99 (was £69.99), and the Govee Neon Rope Light 2, now $66.99 (was $99.99) or £59.99 (was £99.99).

Amazon Prime Day sales and TSMC sales jump.

Amazon's Prime Day sales event has started, with shoppers seeking the best deals. The event was extended to four days from two a year ago. Meanwhile, Taiwan Semiconductor Manufacturing Co. saw a 39% sales jump in the June quarter, indicating no slowdown in AI spending.

Industry Trends

AI's impact on the job market.

AI is expected to change jobs for a large number of people, but will also create new ones. The Forbes article highlights role transitions and new AI-related jobs, such as prompt engineers, advising a focus on these emerging roles rather than those AI may replace.

Concerns over ChatGPT's environmental impact.

A Hacker News discussion on July 12, 2025, highlighted concerns over the environmental impact of unlimited ChatGPT searches, referencing an article from independent.co.uk. Astronaut Tim Peake spoke about AI's environmental impact, noting ChatGPT's unlimited searches lead to significant energy use and water consumption for data centre cooling.

AWS launches European sovereign cloud.

On July 11, 2025, Tanuja Randery, Managing Director for EMEA at Amazon Web Services, discussed the demand for an independent European cloud. AWS is launching its European sovereign cloud in Germany this year, independent of other regions, to meet enhanced sovereignty requirements.

SpaceX's strong finances driven by Starlink.

On July 11, 2025, The Wall Street Journal reported that SpaceX's finances are strong, driven by Starlink's global expansion. This contrasts with the struggles of some of Elon Musk's other ventures, including Tesla, which is in disarray.

SAP CEO on European AI development.

On July 11th, 2025, the CEO of SAP stated that Europe doesn't need more data centers, but rather should focus on AI development on the software layer. He emphasized data sovereignty, stating that data location and access are key.

AI PCs in the workplace.

In a Fast Company article published on July 10, 2025, Juan Orlandini, CTO of Insight Enterprises, discusses the transformative potential of AI PCs in the workplace. By 2028, IDC predicts that nearly 94% of global commercial device shipments will be AI PCs, up from 5% two years prior.

AI and content moderation.

The article explores whether AI can address content moderation challenges. It suggests that new AI tools could shift the power to filter social media content from platforms to individual users.

Ukrainian telecommunications infrastructure faces cyberattacks.

Kyivstar CEO Oleksandr Komarov stated that Ukrainian telecommunications infrastructure faces constant cyberattacks from Russia. These attacks aim to destroy infrastructure, but they don't threaten clients' personal data.

Sarah Smith Fund closes Fund I.

Sarah Smith, founder and managing partner of the Sarah Smith Fund, announced the final closing of a $16 million Fund I. She launched her fund in 2022 as a solo GP and utilizes AI to enhance her work.

TechCrunch Disrupt 2025.

TechCrunch Disrupt 2025, held in San Francisco from October 27 to 29, will feature a session on the future of AI hardware. Raquel Urtasun, CEO of Waabi, and Jeff Cardenas, CEO of Apptronik, will discuss AI hardware's role in humanoid robotics and autonomous vehicles.

Product Reviews

Amazon's new Alexa Plus with generative AI.

Jennifer Pattison Tuohy tested Amazon's new Alexa Plus, launched on July 11, 2025, which uses generative AI. Alexa Plus assisted with tasks like cooking and controlling smart home devices, but the author noted some flaws, including incorrect information and issues with smart home routine execution.

CNET's best wireless earbuds of 2025.

CNET published its list of the best wireless earbuds of 2025 on July 11, 2025. The guide includes 22 different models, with recommendations for different needs and budgets, such as the Sony WF-1000XM5, Apple AirPods Pro 2 (USB-C), and Skullcandy Method 360 ANC.

Lenovo Flex 5i Chromebook Plus review.

ZDNET reviewed the Lenovo Flex 5i Chromebook Plus on July 13, 2025, highlighting its performance and budget-friendly price of $500. The Chromebook features a comfortable keyboard, optimized 2W speakers by Waves MaxxAudio, and ChromeOS features.

Tech Innovations

UN institute creates AI avatars for refugee education.

A United Nations research institute created two AI-powered avatars, Amina and Abdalla, to educate people about refugee issues. The project aimed to create interactive agents to educate people about refugee issues and could be used to present cases to donors.

Samsung Galaxy Z Flip 7 and Z Flip 7 FE announced.

In July 2025, Samsung announced the Galaxy Z Flip 7 and Z Flip 7 FE, with the Z Flip 7 featuring a 4.1-inch cover screen and a 6.9-inch main display. The Z Flip 7 starts at $1,100, while the Z Flip 7 FE is priced at $900.

Intel's Diamond Rapids Xeon CPU.

Intel's Diamond Rapids Xeon CPU, launching in 2026, will offer 192 cores per socket and support quad-socket racks with up to 768 cores. It uses Intel's 18A process and Panther Cove cores and is pitched for inference workloads, with native support for FP8 and TF32 formats.

Samsung's trifold phone, Ikea's smart home devices, and Hugging Face's Reachy Mini robot.

This week, Samsung teased its trifold phone expected to launch in 2025, Ikea announced new Matter smart home devices and ended its partnership with Sonos, and Hugging Face unveiled the Reachy Mini robot.

Mechanistic interpretability in AI.

Mechanistic interpretability is an emerging field that helps understand how AI models make decisions by reverse-engineering neural networks. This technology has significant implications for businesses, particularly in highly regulated industries.

AI tools for research, writing, and multimedia creation.

Jeremy Caplan, director at the Newmark School of Journalism, recommends AI tools for research, writing, planning, and multimedia creation. He suggests Perplexity and NotebookLM for research, Letterly, Shortwave for communication, Gamma and Beautiful.ai for presentations, Hypernatural for video creation, Eddie for video editing, and Descript for audio and video editing.

DNP launches R&D base in Eindhoven.

DNP launched its first overseas R&D base in Eindhoven, Netherlands, focusing on 'Optical-Electrical Fusion' technology. The base, established on July 11, 2025, will develop cutting-edge technologies, including precision patterning for optical materials.

Tips & Tricks

How to disable iPhone texting features.

On July 13, 2025, CNET provides a guide on how to disable annoying iPhone texting features like autocorrect and predictive text. The article details how to turn off inline predictive text, introduced in iOS 17, by navigating to Settings > General > Keyboard and toggling off 'Show Predictions Inline'.

Follow What Matters to You

What interests you today?

Initializing Request

Extracting Keywords

Analyzing Relevant Sources

Generating Your Channel

Suggested Topics