The Hedge Fund That Won't Quit: Situational Awareness' High Risk Bets Continue to Pay Off Despite a disastrous few months, embattled hedge fund Situational Awareness has invested $400 million in chip startup Source Foundry.
This move highlights the willingness of its 25 year old founder Leopold Aschenbrenner to take risks that others might deem reckless. Aschenbrenner's fondness for high stakes investing is not new.
His fund has already sunk a total of $500 million into Source Foundry, which aims to revolutionize chip manufacturing with faster and cheaper processes.