Situational Awareness, Leopold Aschenbrenner's AI hedge fund, invests $400M in chip tools startup Source Foundry weeks after selling its public

Situational Awareness is a hedge fund that has just taken a spectacular dive. Its name was adopted from the title of an essay by the fund’s 24-year-old German founder, Leopold…

Citadel acquired $16 billion in distressed AI assets from Situational Awareness in 24 hours, preventing a potential $3 trillion semiconductor