Situational Consciousness, star AI hedge fund that just about imploded, now being probed by the SEC
Situational Consciousness, the AI centered hedge fund that was Wall Road’s fleeting obsession, is having a really dangerous month. The corporate, led by twentysomething OpenAI alum Leopold Aschenbrenner, went all-in on quite a lot of AI investments and, for a interval, loved phenomenal progress. Then, on the finish of July, a downturn in AI shares…