Letter: Situational Awareness is down ~67% in July, but remains up ~80% in 2026; sources say it planned to sell $3.5B of its Anthropic stake but backed out (Wall Street Journal)
Situational Awareness told investors it was still up about 80% for the year after a 67% July drop.
The WSJ item says Leopold Aschenbrenner’s hedge fund had planned to sell $3.5 billion of Anthropic shares, then backed out. Techmeme’s note says sources described a deal with investors led by Greenoaks and Sequoia before the reversal. The letter reportedly blamed short sellers targeting the firm. Techmeme’s note
The WSJ item says Leopold Aschenbrenner’s hedge fund had planned to sell $3.5 billion of Anthropic shares, then backed out. Techmeme’s note says sources described a deal with investors led by Greenoaks and Sequoia before the reversal. The letter reportedly blamed short sellers targeting the firm. Techmeme’s note
score 6