After a 67% loss, Situational Awareness backs chipmaking bottleneck

Leopold Aschenbrenner is putting another $400 million behind artificial intelligence just days after his hedge fund suffered one of its steepest setbacks. The Wall Street Journal reported on August 7 that Situational Awareness has made an investment of $500 million in Source Foundry, which includes the company investing $400 million this week itself. Source Foundry...