AI Hedge Fund Situational Awareness Faces Major Losses After Record Year

The AI-focused hedge fund Situational Awareness saw its $45 billion portfolio plummet by over two-thirds in July following a period of exceptional growth and heavy tech positioning.

2 Sept, 17:06 — 2 Sept, 17:06

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bloombergHigh3d ago

UVA’s Situational Awareness Bet Fueled Record Year Before Tumult

When AI-focused hedge fund Situational Awareness lost more than two-thirds of its $45 billion in July, most of the investors who took the hit were wealthy individuals and tech founders.

By Katherine Burton and Janet Lorin

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AI Hedge Fund Situational Awareness Faces Major Losses After Record Year

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UVA’s Situational Awareness Bet Fueled Record Year Before Tumult

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