Sources: Situational Awareness invested $500M, including $400M this week, into Source Foundry, a startup that plans to develop new AI chip manufacturing tools (Wall Street Journal)
Situational Awareness has put half a billion dollars into Source Foundry after exiting its stock portfolio.
The Wall Street Journal item says the investment includes $400 million committed this week. Source Foundry is described as a startup working on new tools for AI chip manufacturing. Techmeme frames it as the latest known private-company bet by Situational Awareness. Techmeme's note
The Wall Street Journal item says the investment includes $400 million committed this week. Source Foundry is described as a startup working on new tools for AI chip manufacturing. Techmeme frames it as the latest known private-company bet by Situational Awareness. Techmeme's note
score 8