Tech
tech
Jon Keegan
8/27/25

Three recent Meta Superintelligence Labs hires have already reportedly left

At least three AI researchers hired to join Meta’s Superintelligence Labs have already left, according to a report from Wired.

Meta CEO Mark Zuckerberg went on an unprecedented hiring spree seeking to lure top AI researchers to his new team after stumbles with its latest Llama 4 models.

Wired reports that recent hires Avi Verma, Ethan Knight, and Rishabh Agarwal have left the superintelligence team.

Verma and Knight are headed to back to OpenAI, though Knight had joined Meta’s team while working at Elon Musk’s xAI. Agarwal announced his departure in a post on X and hasn’t indicated where he is headed next.

Meta told Wired, “During an intense recruiting process, some people will decide to stay in their current job rather than starting a new one.”

Researchers Are Already Leaving Meta’s New Superintelligence Lab

Researchers Are Already Leaving Meta’s New Superintelligence Lab

Wired reports that recent hires Avi Verma, Ethan Knight, and Rishabh Agarwal have left the superintelligence team.

Verma and Knight are headed to back to OpenAI, though Knight had joined Meta’s team while working at Elon Musk’s xAI. Agarwal announced his departure in a post on X and hasn’t indicated where he is headed next.

Meta told Wired, “During an intense recruiting process, some people will decide to stay in their current job rather than starting a new one.”

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Rani Molla
27m
Tesla could sell a record number of vehicles in the US this quarter

That won’t be enough to keep full-year global sales from falling.

Guy waving an American flag in a tiny Tesla Cybertruck
tech
Claire Yubin Oh & Jon Keegan
6h

Nebius soars after signing a 5-year deal with Microsoft to supply nearly $20 billion worth of AI computing power

Artificial intelligence infrastructure group Nebius jumped more than 50% in early trading on Tuesday after the company announced after the close on Monday a major deal to supply computing power for Microsoft’s AI operations.

Under the agreement, Nebius — which rose from the ashes of Russian tech giant Yandex — will provide Microsoft “access to dedicated GPU infrastructure capacity in tranches at its new data center in Vineland, New Jersey over a five-year term.” The New Jersey data center has a capacity of 300 megawatts. The total contract value through 2031 is $17.4 billion, though, if further capacity is required, the contract value could rise to $19.4 billion.

The deal represents a sizable portion of Microsoft’s proposed annual capital expenditure on AI, which is expected to reach $120 billion by the end of fiscal 2026.

Nebius and competitor CoreWeave are both on the short list of startups that Nvidia has invested in. Nvidia’s small stake in the former is now worth about $120 million.

Nebius announces multi-billion dollar agreement with Microsoft for AI infrastructure

Nebius announces multi-billion dollar agreement with Microsoft for AI infrastructure

Under the agreement, Nebius — which rose from the ashes of Russian tech giant Yandex — will provide Microsoft “access to dedicated GPU infrastructure capacity in tranches at its new data center in Vineland, New Jersey over a five-year term.” The New Jersey data center has a capacity of 300 megawatts. The total contract value through 2031 is $17.4 billion, though, if further capacity is required, the contract value could rise to $19.4 billion.

The deal represents a sizable portion of Microsoft’s proposed annual capital expenditure on AI, which is expected to reach $120 billion by the end of fiscal 2026.

Nebius and competitor CoreWeave are both on the short list of startups that Nvidia has invested in. Nvidia’s small stake in the former is now worth about $120 million.

President Trump hosts tech executives and their guests to a dinner at the White House in the Oval Office.

Here are the Trump ties among the tech leaders who had dinner at the White House

Many of the attendees have donated to, vocally supported, or even worked for the president.

Jon Keegan21h
tech
Rani Molla
9/8/25

Tesla’s EV market share declined to 38% in August

In August, Tesla’s share of the US EV market fell to 38%, according to new data from Cox Automotive reported by Reuters. Tesla’s market share fell below 50% for the first time last year, as competitors’ EVs began hitting the market. Now, as Tesla’s own sales slip more drastically than they had last year, it’s giving up even more ground. Tesla’s market share fell from 48.7% in June to 42% in July to 38% in August, according to Reuters. That slide has come even as buyers rushing to take advantage of the federal tax credit that ends this month provide a near-term boon for sales at Tesla and other EV makers.

$115B
Rani Molla
9/8/25

OpenAI now expects to burn around $115 billion through 2029 — a full $80 billion higher than the company had previously estimated, The Information reports.

Just how much is that? It’s roughly equivalent to:

Fortunately for OpenAI, which is raising money at a $500 billion valuation, its revenue is also growing faster than expected. The ChatGPT maker now expects to make $13 billion in revenue this year and $200 billion in 2030.

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