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subtl daily briefing
Good morning, founders and investors. Elon Musk just announced his boldest move yet into the AI infrastructure race with a $25B chip factory, while Iran's alleged denial of Trump talks leaves crypto markets hanging on geopolitical uncertainty. Meanwhile, OpenAI is planning to nearly double its workforce as it races to build fully autonomous AI researchers.
In today's briefing
- 1.Musk's $25B Terafab chip factory
- 2.Iran denies Trump talks, crypto wobbles
- 3.OpenAI plans autonomous AI researcher by 2026
- ⚡Quick hits on other news
Latest Developments
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Everything else in the news today
Mark Zuckerberg is building a personal CEO AI agent at Meta, where AI tool adoption is now tied to employee performance reviews→
MiniMax M2.7 delivers 90% of Claude Opus 4.6's quality at just 7% of the cost ($0.30/$1.20 vs $5/$25 per million tokens)→
Snowflake laid off ~400 employees including senior technical writers after having them train an AI documentation system for 8 months→
Apple's iPhone Fold is expected to debut at the September event but may not go on sale until December→
Gemini shares collapsed 80% from their $32 IPO price to ~$6, triggering a class-action lawsuit→
Resolv USR stablecoin collapsed 97% after an attacker minted $80M in unbacked tokens and drained ~$25M in ETH→
Bluesky disclosed a $100M Series B while growing to 43M+ users→
SoftBank broke ground on a $500B AI data center campus in Ohio targeting 10 gigawatts of power→
ChatGPT ads are underperforming with a 0.91% click-through rate versus Google's 6.4%→
Palantir AI is becoming the Pentagon's core military system for weapons-targeting→
Kubernetes 1.36 due April 22 adds Linux user namespace support and adopts Gateway API→
Facebook Reels with speech in the first 3 seconds see +24.7% higher 10-second retention→
Cloudflare CEO predicts bot traffic will exceed human traffic by 2027→
Tesla Semi is receiving rave reviews in pilot tests with 15,000 mass-produced units planned by end of 2026→