Situational Awareness poured $400 million into a stealth chip startup after nearly collapsing

The AI-focused hedge fund has now committed $500 million to Source Foundry, a Stanford-founded startup aiming to challenge ASML in chip manufacturing equipment

In Brief Posted: 1:35 PM PDT · August 9, 2026 Image Credits:Getty Images 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 Stanfo

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