Technology Jul 30, 2026 · 1 min read

The loss of Situational Awareness

I am not by any means an expert at finance but I think I do now have some advice for people who are: Do not name your hedge fund anything that will be hilarious if it blows up. Don't use a name like "Long-Term Capital Management," or "Amaranth Advisors" (named for the floral symbol for […]

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The Verge
by Elizabeth Lopatto
The loss of Situational Awareness
A brain surrounded by blue lines as though it’s connected to things ooooo
Neither artificial nor intelligent.

I am not by any means an expert at finance but I think I do now have some advice for people who are: Do not name your hedge fund anything that will be hilarious if it blows up. Don't use a name like "Long-Term Capital Management," or "Amaranth Advisors" (named for the floral symbol for immortality). Certainly do not call yourself "Situational Awareness," which might as well just be "Hubris, Inc."

Anyway, Situational Awareness, the hedge fund started by a 24-year-old former OpenAI employee that focuses on artificial intelligence bets, has sold most or all, depending on who's reporting, of its entire public stock portfolio to Ken Griffin's Ci …

Read the full story at The Verge.

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This article was originally published by The Verge and written by Elizabeth Lopatto.

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