A meltdown at Situational Awareness, an A.I.-focused investment firm, is raising tough questions about the Wall Street banks that lent billions to the upstart firm.
Category: Aschenbrenner, Leopold
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Troubles at Situational Awareness Point to Record Stock Market Leverage
The New York Times – Business: -
S.E.C. Investigating Near-Implosion of A.I. Hedge Fund
The New York Times – Business:Regulators sent subpoenas to major Wall Street banks seeking information about the trading of Situational Awareness, three people briefed on the outreach said.
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Leopold Aschenbrenner Built a Hot A.I. Hedge Fund. Then it Melted Down.
The New York Times – Business:Situational Awareness, led by a 24-year-old, exploded onto the artificial intelligence scene — and then nose-dived.