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Embattled hedge fund Situational Awareness invests $400M in chip startup Source Foundry | TechCrunch 0
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- August 9, 2026
Situational Awareness may have had to sell off the majority of its public portfolio last month, but the AI-focused hedge fund is still making some big bets. This week, the fund invested $400 million into Source Foundry, a startup founded by Stanford researchers aiming to make chip manufacturing faster and cheaper, according to The Wall
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Bill Ackman’s $35 billion hedge fund made janitors and receptionists millionaires—and its investment team summer together in the Hamptons | Fortune 0
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- August 8, 2026
Staying at one company for decades was once a badge of honor. But as layoffs have become more common and workers have turned to job hopping for higher pay and career growth, employee loyalty has become harder to find. Billionaire investor Bill Ackman, however, still believes earning employee loyalty is worth every penny. That’s why
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Quant hedge funds were winners in a chaotic July 0
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- August 6, 2026
Last month, the machines won. Quantitative hedge funds had a strong July, highlighted by several big algorithm-driven names that avoided the pain their human-run peers suffered last month. At Renaissance Technologies, its largest external fund — known as Renaissance Institutional Equities — was up 9.2% in July, more than making up for losses over the
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Blanche withdraws Trump fund plan in writing, ahead of AG confirmation vote 0
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- August 3, 2026
Acting US Attorney General Todd Blanche has formally withdrawn President Donald Trump’s plan for a fund that could have been used to compensate people prosecuted over the US Capitol riot by Trump’s supporters in 2021. The move clears the way for Blanche to be confirmed by US senators to his job on a permanent basis.
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Leopold Aschenbrenner’s hedge-fund implosion offers 3 investing lessons for everyone 0
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- August 3, 2026
In the high-flying world of AI investing, sometimes you get the bull, and sometimes you get the horns. After a long ride on the bull, Gen Z hedge-funder Leopold Aschenbrenner found out last week how quickly things can shift, even for a whiz kid once called the “Nostradamus of AI.” It’s a story that was
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Trump threatens to revive controversial $1.8bn compensation fund 0
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- August 2, 2026
Cornyn and Tillis want Blanche, who previously served as Trump’s personal lawyer, to state in writing that the Justice Department will not resurrect the fund later on. The Trump administration has not announced such a commitment. Tillis responded to Trump on X on Saturday, writing: “Despite comments as late as yesterday that the fund is
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