Quartz·1 min read·easy

After nearly collapsing, Situational Awareness is betting $400 million on a private company

Cris Tolomia
AI Summary

The investment fund Situational Awareness has committed $400 million to a private company following a period of significant financial decline. The fund's assets had previously plummeted from $45 billion to $10 billion.

The investment, completed Tuesday, follows a tumultuous stretch that saw the fund's assets drop from $45 billion to $10 billion

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