Social Capital, the venture capital firm led by Chamath Palihapitiya, has terminated two of its top partners, Jay Zaveri and Ravi Tanuku, following an undisclosed 'situation' that occurred last Tuesday related to the firm's investment in Groq, an AI chips start-up. The firm has hired the law firm Wachtell Lipton to conduct an investigation into the matter. In addition, Social Capital has brought back Steve Trieu as CFO. This information was disclosed in a letter sent to the firm's investors, which was reviewed by various news outlets including Bloomberg.