Situational Awareness Comes Roaring Back With Big Bet (youtube.com)
These guys are in the news because yesterday they got margin called last week by all their lenders on their like $400m pf. Last week there was a general AI/chip selloff, partially for reasons mentioned above.
His new $400m bet is on a private company. His move is seen as a ‘statement of confidence.’ It shows investors the fund still has capital to blow and remains committed to its AI holdings.