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Finance Chips & Compute1 min reading time

Embattled hedge fund Situational Awareness invests $400M in chip startup Source Foundry

TechCrunchPublished Aug 9, 2026

Situational Awareness, an AI-focused hedge fund led by Leopold Aschenbrenner, invested an additional $400 million in chip startup Source Foundry, totaling $500 million invested. Despite recent losses and selling most of its public portfolio, the fund continues backing chip manufacturing innovation.

#ai-focused-hedge-funds #anthropic #chip-manufacturing #citadel #leopold-aschenbrenner #situational-awareness #source-foundry #venture-capital

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