
Brief
SEC Probes Situational Awareness After AI Hedge Fund’s 67% July Plunge
The SEC is probing Situational Awareness after its AI-focused portfolio fell 67% in July, triggering a major asset sale to Citadel and scrutiny of its lenders.
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The SEC is probing Situational Awareness after its AI-focused portfolio fell 67% in July, triggering a major asset sale to Citadel and scrutiny of its lenders.

AI-focused hedge fund Situational Awareness has invested another $400 million in chip manufacturing startup Source Foundry, bringing its total investment to $500 million.

Leopold Aschenbrenner’s AI hedge fund sold most of its public portfolio to Citadel after heavy losses but retained its multibillion-dollar stake in Anthropic.
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