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 invested $500 million in Source Foundry, signaling major backing for AI chip manufacturing tooling.
Excerpt
<a href="https://www.wsj.com/tech/ai/situational-awareness-bets-400-million-on-stealth-chip-startup-after-crash-02c7374e?st=nJ8LeW&reflink=desktopwebshare_permalink"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260807/i31.jpg" vspace="4" /></a>
<p><a href="https://www.techmeme.com/260807/p31#a260807p31" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> <a href="https://www.wsj.com/">Wall Street Journal</a>:<br />
<span style="font-size: 1.3em;"><b><a href="https://www.wsj.com/tech/ai/situational-awareness-bets-400-million-on-stealth-chip-startup-after-crash-02c7374e?st=nJ8LeW&reflink=desktopwebshare_permalink">Sources: Situational Awareness invested $500M, including $400M this week, into Source Foundry, a startup that plans to develop new AI chip manufacturing tools</a></b></span> — Investment marks the latest known private-company bet by Situational Awareness after quick sale of its stock portfolio.</p>
Read at source: https://www.techmeme.com/260807/p31#a260807p31