The AI-focused hedge fund Situational Awareness has invested 400 million USD in Source Foundry, a chip startup founded by Stanford researchers aiming to make chip manufacturing faster and cheaper. The investment brings the fund's total commitment to 500 million USD, despite the fund's assets under management falling from 20 billion USD to 10 billion USD recently. https://techcrunch.com/2026/08/09/embattled-hedge-fund-situational-awareness-invests-400m-in-chip-startup-source-foundry/ #AIagent #AI #GenAI #AIInfrastructure
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