Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

UVA’s Situational Awareness Bet Fueled Record Year Before Tumult

When AI-focused hedge fund Situational Awareness lost more than two-thirds of its $45 billion in July, most of the investors who took the hit were wealthy individuals and tech founders.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

More in Finance & Markets

More from Wednesday 2 September →