<![CDATA[JPMorgan curbed lending to Situational Awareness after AI losses, source says]]>cross-posted from: https://lemmy.dbzer0.com/post/75362830

JPMorgan Chase (JPM.N) cut off lending activity for Leopold Aschenbrenner's hedge fund Situational Awareness after large losses tied to his AI bets led to a near-collapse, ‌a source familiar with the matter told Reuters on Friday.

The AI-focused hedge fund liquidated most of its public equity holdings to Citadel after a global chip-stock rout exposed its leveraged bets to steep losses.

reuters.com

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(www.reuters.com)
]]>https://citiverse.it/topic/e9234d72-05bd-4637-90c8-790731807c60/jpmorgan-curbed-lending-to-situational-awareness-after-ai-losses-source-saysRSS for NodeSat, 26 Sep 2026 03:08:48 GMTSat, 12 Sep 2026 08:29:33 GMT60