QQQ (more) The Financial Times reported that Situational Awareness, the $20B hedge fund started by an ex-OpenAI employee, is looking to rais
QQQ (more) The Financial Times reported that Situational Awareness, the $20B hedge fund started by an ex-OpenAI employee, is looking to raise capital after facing losses connected to the downturn in AI stocks. In an investor letter dated July 24, the firm said that it had not been immune to the market's recent volatility. Still, they said they were up 439% on a net basis in 2026 through the end of June. - per Cramer Investing Club Newsletter
QQQ (more) The Financial Times reported that Situational Awareness, the $20B hedge fund started by an ex-OpenAI employee, is looking to raise capital after facing losses connected to the downturn in AI stocks.
In an investor letter dated July 24, the firm said that it had not been immune to the market's recent volatility.
Still, they said they were up 439% on a net basis in 2026 through the end of June. - per Cramer Investing Club Newsletter