The OnePlus summer launch event featured five product launches, led by two Nord 5 series smartphones. The game-focused Nord 5 features a 144Hz OLED display that measures 6.83 inches and has three sensors, including a 50-megapixel selfie camera, all powered by Qualcomm’s tier two Snapdragon 8S Gen 3. Slightly smaller, the budget-built Nord CE5 has a slower MediaTek Dimensity 8350 Apex chipset and lesser specs all around. There are also three new products designed to enhance the OnePlus connected experience, including the OnePlus Watch 3 43mm, OnePlus Buds 4 and the OnePlus Pad Lite. Currently, only the Buds 4 and Watch 3 43mm are planned for release in the U.S. Read more

Underscoring its commitment to smart glasses, Meta Platforms has reportedly invested $3.5 billion in EssilorLuxottica SA, the world’s largest manufacturer of eyewear. The move gives Meta around a three percent stake in the Paris-headquartered firm, and expands an existing relationship for brand deals that resulted in the casual Ray-Ban Meta AI glasses released in 2021 and an athlete-focused Oakley Meta HSTN AI line announced last month. Neither Meta nor EssilorLuxottica has publicly commented on the equity buy-in yet, though it has been reported Meta may increase its stake to five percent. Read more

New ultra-slim Galaxy Z Flip7 and Galaxy Z Fold7 smartphones, three new models of smartwatches, and the debut of One UI 8 were among the highlights of Samsung’s summer Galaxy Unpacked event yesterday. The Galaxy Z Fold7 is just 8.9mm thick when folded (and 4.2mm unfolded, less than three pennies stacked) and features a larger main screen than its predecessor at 8 inches (up from 7.6 inches) as well as a bigger 6.5-inch outer display. A big change to the Galaxy Z Flip7 is the fact that its 4.1-inch cover screen extends around the two camera lenses. Meanwhile, Google has introduced AI updates to Android, delivering new Gemini capabilities for Samsung’s mobile lineup. Read more

Oracle will supply massive compute power to OpenAI as part of a new contract reported at $30 billion annually focused on accelerating Sam Altman’s ambitions for Stargate, the initiative to build U.S. data centers announced in January by President Trump as a matter of national security. OpenAI committed $500 billion over four years to the project. The Oracle deal involves an estimated 4.5 gigawatts of U.S. data center power consumption, equivalent to the power output of four-and-a-half nuclear reactors operating at full capacity — enough to power approximately 3.3 million U.S. households during that time. Read more

Apple announced a new 15,000-square-foot Apple Music Los Angeles studio in Culver City will open later this summer. The three-story complex that Apple says is “designed with artists in mind” includes two radio studios with support for immersive Apple Spatial Audio playback, a spatial audio mixing room, an art gallery, a “social media lab” and a 4,000-square-foot soundstage. Commemorating the 10th anniversary of Apple Music, the new structure is situated nearby to the future home of Apple TV+, a 550,000-square-foot building going up where Culver City borders the City of Los Angeles. Read more