Embattled AI hedge fund invests $400M in chip startup Source Foundry
AI-focused hedge fund Situational Awareness, founded by former OpenAI researcher Leopold Aschenbrenner, invested $400 million into chip startup Source Foundry, bringing total investment to $500 million. The fund faced steep losses amid AI infrastructure stock decline and sold most of its public portfolio to Citadel.
OpenAI
Anthropic
TechCrunch AI10.08 · 00:02








