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- 🧠 Safe Superintelligence / Ilya Sutskever
🧠 Safe Superintelligence / Ilya Sutskever
Here's the $32B AI lab Meta couldn’t buy

Welcome to AI Wire — your smart shortcut to all things AI, without the jargon.
What we’ll cover today:
💸 A solo VC raised $34M to only bet on YC startups
🧠 Ilya took over Safe Superintelligence and Gross bounced
🔥 Elon’s xAI got permission to pollute Memphis
📲 Meta’s AI bots now message you first (yikes)

Kulveer Taggar just raised a $34M fund to back YC startups exclusively. It’s called Phosphor Capital.
He’s not new to the game. Two-time YC alum. First startup was with the Stripe brothers. Second startup, Zeus Living, hit $120M ARR before selling.
Kulveer’s edge? He’s not a tourist. He’s got battle scars, and more importantly, he’s tight with Garry Tan (who also backed the fund.)
Since launching last year, Phosphor has invested in over 200 YC companies. A bunch have already raised Series A rounds.
The logic is simple. YC is a factory. 6% of companies become unicorns. A quarter of those hit decacorn status. Betting on YC is like indexing early-stage startup upside.
Would you invest in a fund that only backs YC startups? |
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OpenAI co-founder Ilya Sutskever is now CEO of Safe Superintelligence, the AGI-focused startup he co-founded last year.
Daniel Gross, who was CEO, is out. Reports say he’s in talks with Meta.
There was even chatter that Zuck tried to acquire the entire company.
Ilya says they’re not for sale. “We have the compute. We have the team. We know what to do.” That’s the line.
But the question remains. If SSI was close to something game-changing, why would Gross walk?
This is a company with no side products, no monetization roadmap. It’s SSI or nothing.
xAI just got the green light to operate 15 natural gas turbines at its Memphis data center. Together, they can produce 247 megawatts of power.
That would be fine, except they’ve already been operating 35 generators without permits. The Southern Environmental Law Center is threatening a lawsuit.
Pollution estimates are high. 87 tons of nitrogen oxides. 94 tons of carbon monoxide. Nearly 10 tons of formaldehyde, a known carcinogen. All in one year.
xAI will self-monitor emissions. Local regulators say the EPA has jurisdiction. Legal groups say that’s incorrect.
Also worth noting: xAI just raised $10 billion in equity and debt.
Meta is now testing AI chatbots that message users first. Yes, first.
These bots live on WhatsApp, Instagram, and Messenger. They’re built in Meta’s AI Studio. And they remember what you talked about before.
If you send five messages to a bot in two weeks, it can follow up with you proactively. Think: “Hope you’re having a harmonious day” followed by a movie night recommendation.
Meta says it helps with engagement. But engagement has a business model - ads.
In internal projections, Meta expects AI to bring in $2 to $3 billion in revenue next year. By 2035, that number jumps to $1.4 trillion.
AI bots messaging users first. Smart growth or slippery slope? |

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— Santiago (@svpino)
3:10 PM • Jul 3, 2025
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