The AI fund founded by former members of the FTX Future Fund charity team increases investments in mining companies, including a stake in Cipher Mining
According to Fortune magazine, the hedge fund Situational Awareness, founded by former OpenAI researcher and former FTX Future Fund charity team member Leopold Aschenbrenner, is building positions in data infrastructure and cryptocurrency mining companies. The fund previously focused on artificial general intelligence (AGI), and as more crypto mining companies are being repurposed for AI workloads, the fund has increased its investments in this area.
Its new or increased positions include: fuel cell power generation company Bloom Energy (currently the fund's largest single holding), AI cloud infrastructure provider CoreWeave, and another large cryptocurrency mining company, Cipher Mining.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

150 Enterprises in Kharkiv Region to Receive UAH 35,000 Vouchers for Digitalization

Visa Joins Singapore's MAS BLOOM Initiative to Pilot Stablecoin Settlements

Pelosi Discloses Stock Trades, Heavily Invests in Bloom Energy and Increases Intel Holdings

Bitcoin Trials a Lighter Way to Verify Transactions

War Cuts Dubai Airport Traffic by 31%, but Its Global Ambitions Remain Intact

MIT Creates a Striatal Atlas to Seek Treatments for Huntington's and Addiction

Edouard threatens the largest refinery and LNG corridor in the United States

Bitfinex Securities lists 5 tokenized Bitcoin treasury products

Tech Stocks Falter as Treasury Yields Hit 4.79%, Nasdaq Falls 1%

Steady Lads: Celebrating One Year Behind the Scenes of the Crypto Market!

Chainlink brings US economic data to 10 blockchains

The loss of NRF2 in oligodendrocytes may contribute to cognitive decline

JCE faces a complaint over the offer of data from 7.1 million Dominicans

Tokenized Real-World Assets Reach Monthly High As Collateral Demand Grows

PlanB: "The bitcoin bottom has already passed; I expect higher prices from now on"

DEX vs CEX: Decentralized Exchanges Hit a Record

UK Intensifies Crackdown on Cryptocurrency Networks Linked to Russia

US PMI Falls in August: What This Means for Interest Rates and Investments

Microsoft 365 outage enters its second day with Outlook still unstable

Strategy Resumes Bitcoin Purchases with $369.7 Million Acquisition

Ethereum ETFs See Positive Inflows As September Trading Opens

Russia's Largest Bank Accepts Bitcoin as Collateral Starting Today

BitMine Adds 53,501 ETH In $131M Corporate Treasury Move

Wholesale Dollar Rises at the Start of September, Surpassing $1,510 Again

White House Faces Staff Exodus Ahead of U.S. Midterm Elections as Several Key Trump Aides Depart

US Manufacturing PMI Hits 55.6% in July, Fastest Expansion in Four Years

Crypto Scam in Saint-Tropez: Villa Sale Ends in a Trap Worth Over 1 Million Euros

Where in Ukraine is the Most Demand for Rental Housing: OLX Names Popular Formats

Michael Barr, Fed Governor, Says Rates Must Be Raised Firmly If Inflation Doesn't Stabilize











