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Hedge fund behind aggressive AI bets reportedly warned before blowup

The fund that backed situational awareness before it deteriorated had a roster of big-name investors, and some reportedly warned the founder about the scale of the risks.

Reported · Written up by our desk · Sectors

The Wall Street Journal Markets reports on a hedge fund tied to an earlier push for “situational awareness” that later deteriorated, drawing attention to its aggressive AI positioning.

The outlet says the fund behind the AI bets tapped a roster of prominent investors, but that some warned the founder the strategy involved taking substantial risks.

According to the report summary, the founder had prior warnings even as the hedge fund moved forward with the AI approach that ultimately “blew up.”

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