August 30, 2025 News

Nvidia's AI Chip Revenue Heavily Concentrated Among Just Two Mystery Customers

Nvidia reported record Q2 revenue of $46.7 billion, with nearly 40% coming from just two unidentified customers who purchased AI chips directly. The company's growth is largely driven by the AI data center boom, though this customer concentration presents potential business risks.

Meta's $14.3B Scale AI Partnership Shows Early Strain Amid Quality Concerns and Executive Departures

Meta's $14.3 billion investment in Scale AI is showing signs of strain just two months after the partnership began, with key executives departing and Meta's TBD Labs preferring competitors like Surge AI and Mercor for data quality reasons. The partnership was part of Meta's aggressive push to catch up with OpenAI and Google after disappointing Llama 4 results, but internal chaos and talent retention issues are emerging at Meta's AI division.