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qz
After nearly collapsing, Situational Awareness is betting $400 million on a private company

The investment, completed Tuesday, follows a tumultuous stretch that saw the fund's assets drop from $45 billion to $10 billion [...]

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Destination
Private Internet Access VPN review: Both more and less than a budget VPN

I came into this review thinking of Private Internet Access (PIA) as one of the better VPNs. It's in the Kape Technologies portfolio, along with the top-tier ExpressVPN and the generally reliable [...]

Match Score: 151.32

thenextweb
Situational Awareness ran two auctions at once, and one set of bidders never knew

Situational Awareness lost roughly $30bn in July. The desk reported that three weeks ago. What happened inside those six days has not. Gregory Zuckerman, Juliet Chung and Peter Rudegeair have reconstr [...]

Match Score: 56.79

thenextweb
The SEC has subpoenaed four banks over Situational Awareness

American securities regulators have subpoenaed the banks that lent Situational Awareness the money it used to make its AI bets. The Securities and Exchange Commission wants the timing of the fund’s [...]

Match Score: 56.79

venturebeat
Netomi raises $110 million as Accenture and Adobe bet on AI for customer service

Netomi, the San Francisco-based startup building AI systems for enterprise customer service, said Thursday that it has raised $110 million in new funding in a round led by Accenture Ventures, with par [...]

Match Score: 54.97

thenextweb
The man who wrote the AI-boom bible just got margin-called out of it

The man who wrote the defining case for the AI boom just got wiped out betting on it. Situational Awareness, the hedge fund founded by former OpenAI researcher Leopold Aschenbrenner, has been forced t [...]

Match Score: 46.44

qz
Situational Awareness poured $400 million into a stealth chip startup after nearly collapsing

The AI-focused hedge fund has now committed $500 million to Source Foundry, a Stanford-founded startup aiming to challenge ASML in chip manufacturing equipment [...]

Match Score: 45.12

thenextweb
Leopold Aschenbrenner’s AI fund lost most of its value. Now it’s back with $400M.

One of the most talked-about funds in AI is wagering again, barely a week after it nearly blew up. Situational Awareness, the firm founded by Leopold Aschenbrenner, has returned to investing with a $4 [...]

Match Score: 44.93

venturebeat
DataGrail report finds your vendor may be sending data to AI models you never approved

The data processing agreement (DPA) — the bedrock contract companies use to evaluate how vendors handle personal data — can no longer be trusted at face value. That is the central, and arguably mo [...]

Match Score: 37.91

venturebeat
Google’s Gemini can now run on a single air-gapped server — and vanish when you pull the plug

Cirrascale Cloud Services today announced it has expanded its partnership with Google Cloud to deliver the Gemini model on-premises through Google Distributed Cloud, making it the first neocloud provi [...]

Match Score: 37.46