Despite massive portfolio turbulence, hedge fund Situational Awareness is doubling down on the future. Founder Leopold Aschenbrenner just injected $400 million into chip startup Source Foundry.

While market volatility hits public stocks hard, this aggressive move targets the ultimate bottleneck: hardware manufacturing. By prioritizing production efficiency over hype, the fund is betting that faster, cheaper chips will dominate the next AI era.

While market volatility hits public stocks hard, this aggressive move targets the ultimate bottleneck: hardware manufacturing. By prioritizing production efficiency over hype, the fund is betting that faster, cheaper chips will dominate the next AI era.