SEC Investigating Near-Implosion of AI Hedge Fund…

SEC Investigating Near-Implosion of AI Hedge Fund - Slashdot

The SEC is investigating the near-collapse of AI-focused hedge fund Situational Awareness, sending subpoenas to major Wall Street banks for details about the fund's trades, borrowing, and communications with lenders. The fund, founded by former OpenAI researcher Leopold Aschenbrenner, managed over $...